SCL approves share buyback at Rs750/share

MG News | April 13, 2026 at 10:57 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

April 13, 2026 (MLN): Shield Corporation Limited (PSX:SCL) has received formal acceptance from its majority shareholders and sponsors under Pakistan Stock Exchange (PSX) Regulation to proceed with the purchase of its ordinary shares.

The buyback will be executed at a price of Rs750 per share, as proposed by the PSX, which marks a significant step in the company’s share repurchase initiative.

The aforementioned information was disseminated through a notification to Exchange.

Earlier, SCL had applied for voluntary delisting from Pakistan Stock Exchange, citing persistently low trading activity in its shares with an average daily volume of around 923 shares over the past year.

Copyright Mettis Link News

Related News

SCL extends share buy-back window for shareholders

Shield Corporation moves to delist from PSX

Name	Price/Vol	%Chg/NChg
KSE100	167,089.28 109.91M	-0.21% -352.63
ALLSHR	101,117.40 308.32M	-0.15% -155.10
KSE30	49,841.71 50.59M	-0.28% -142.15
KMI30	240,372.43 78.75M	-0.02% -45.72
KMIALLSHR	65,518.16 188.07M	-0.05% -35.70
BKTi	46,228.77 7.60M	-0.60% -281.04
OGTi	33,974.66 4.20M	-0.27% -91.31

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	83,140.00	83,320.00 82,645.00	670.00 0.81%
BRENT CRUDE	104.54	105.09 102.33	0.26 0.25%
RICHARDS BAY COAL MONTHLY	128.50	0.00 0.00	0.75 0.59%
ROTTERDAM COAL MONTHLY	143.40	143.40 143.40	-1.15 -0.80%
USD RBD PALM OLEIN	1,167.50	1,167.50 1,167.50	0.00 0.00%
CRUDE OIL - WTI	91.66	0.00 0.00	-0.19 -0.21%
SUGAR #11 WORLD	20.27	20.44 20.09	0.12 0.60%