glpl News
GLPL's sponsors accept PSX-set Rs700 buyback price
Gillette Pakistan Limited (PSX: GLPL) has moved a step closer to its voluntary de-listing from the Pakistan Stock Exchange after the majority shareholder/sponsor accepted the purchase of ordinary shares at a PSX-determined buy-back price of Rs700 per share.
Go to article PSX sets minimum buyback price of Rs700/share for Gillette
Gillette Pakistan Limited's (PSX:GLPL) voluntary delisting application has been reviewed by the Voluntary Delisting Committee (VDC) of the Pakistan Stock Exchange, with the committee setting a minimum buyback price significantly higher than the sponsor's offer.
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Gillette Pakistan Board approves delisting from PSX
In a major corporate development, Gillette Pakistan Limited has announced plans to wind up its operations in Pakistan, following a decision by its parent company, Procter & Gamble (P&G), to discontinue business in the country as part of a global restructuring program.
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
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| ALLSHR | 88,186.02 556.38M | -6.41% -6040.99 |
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| KMIALLSHR | 57,113.13 341.92M | -6.12% -3725.96 |
| BKTi | 42,310.57 61.89M | -6.99% -3179.39 |
| OGTi | 31,162.31 18.89M | -2.87% -921.16 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 67,570.00 | 68,215.00 65,685.00 | -725.00 -1.06% |
| BRENT CRUDE | 107.64 | 119.50 99.00 | 14.95 16.13% |
| RICHARDS BAY COAL MONTHLY | 99.40 | 0.00 0.00 | -11.85 -10.65% |
| ROTTERDAM COAL MONTHLY | 127.00 | 0.00 0.00 | 0.05 0.04% |
| USD RBD PALM OLEIN | 1,083.50 | 1,083.50 1,083.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 102.93 | 119.48 98.00 | 12.03 13.23% |
| SUGAR #11 WORLD | 14.09 | 14.17 13.69 | 0.37 2.70% |
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