NETSOL buybacks 250,000 shares to improve EPS

News Image

By MG News | May 19, 2022 at 03:31 PM GMT+05:00

0:00

May 19, 2022 (MLN): NetSol Technologies Limited on Thursday announced a buyback of 175,000 ordinary shares of the company in today's trading session of the Pakistan Stock Exchange (PSX) to improve the earnings per share (EPS) and future dividend of the company.

Yesterday, the company had purchased 75,000 ordinary shares of the company, bringing it to 250,000 in two days.

Last week, in an extraordinary general meeting, the members of NetSol had passed the special resolution that the company has been accorded to buyback of its own 2 million issued ordinary shares, having a face value of Rs10 each at spot/current price during the purchase period through PSX.

According to the notice, the purchase period commences from May 18, 2022, to August 08, 2022 (both days inclusive).

Currently, the stock is trading at Rs89, down by Rs1.41 or 1.56% DoD.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 133,226.03
102.55M
-0.11%
-144.12
ALLSHR 82,999.08
376.68M
-0.10%
-82.07
KSE30 40,624.02
33.84M
-0.20%
-81.28
KMI30 192,181.21
43.08M
-0.21%
-399.47
KMIALLSHR 55,790.00
214.22M
-0.08%
-45.72
BKTi 36,253.86
5.54M
-0.17%
-63.31
OGTi 28,449.84
2.99M
-0.33%
-93.12
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,580.00 108,880.00
107,680.00
125.00
0.12%
BRENT CRUDE 69.44 69.50
69.03
-0.14
-0.20%
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 67.77 67.97
67.40
-0.16
-0.24%
SUGAR #11 WORLD 16.25 16.46
16.07
-0.13
-0.79%

Chart of the Day


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

Pakistan moves to regulate crypto with PVARA approval


July 08, 2025 at 09:41 AM GMT+05:00

DFML assembles over 300 EVs for delivery


July 08, 2025 at 09:31 AM GMT+05:00

NBP issues foreign exchange rates



Top 5 things to watch in this week

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