Lucky TG concludes share repurchase from LCI, TGL

News Image

By MG News | July 24, 2024 at 03:24 PM GMT+05:00

0:00

July 24, 2024 (MLN): Lucky TG (Private) Limited (Lucky TG), a subsidiary of Lucky Core Industries Limited (PSX: LCI)) has completed the process of buying back its shares from thecompany and Tariq Glass Industries Limited (PSX: TGL).

The buy-back of shares was completed on July 23, 2024, in accordance with Section 88 of the Companies Act, 2017 read with the Companies Regulations, 2024.

Lucky TG remains a subsidiary of LCI, with LCI maintaining a 51% stake in Lucky TG following the buyback.

Meanwhile, Lucky TG continues to be an associated company of TGL, as TGL retains a 49% stake in Lucky TG despite the share repurchase.

It is worth noting that market participants were informed of this progress by both LCI and TGL through their filing on the Pakistan Stock Exchange (PSX) today.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 132,991.43
117.43M
-0.28%
-378.72
ALLSHR 82,905.38
437.19M
-0.21%
-175.77
KSE30 40,548.02
37.53M
-0.39%
-157.28
KMI30 191,675.25
47.25M
-0.47%
-905.43
KMIALLSHR 55,715.92
249.48M
-0.21%
-119.80
BKTi 36,224.27
6.19M
-0.26%
-92.90
OGTi 28,393.44
3.57M
-0.52%
-149.52
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,590.00 108,880.00
107,680.00
135.00
0.12%
BRENT CRUDE 69.37 69.50
69.03
-0.21
-0.30%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
2.90
3.07%
ROTTERDAM COAL MONTHLY 106.00 106.75
106.00
0.25
0.24%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 67.67 67.97
67.40
-0.26
-0.38%
SUGAR #11 WORLD 16.25 16.46
16.07
-0.13
-0.79%

Chart of the Day


Latest News
July 08, 2025 at 11:55 AM GMT+05:00

NBP leads Pakistan’s banks in shareholder value surge


July 08, 2025 at 11:39 AM GMT+05:00

Pakistan-Afghanistan railway talks progress


July 08, 2025 at 10:42 AM GMT+05:00

Pakistan moves to regulate crypto with PVARA approval



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg