⚡ Flash Summary

Ghani Global Glass Limited (GGGL) announced the closing of its share buy-back program on October 9, 2025. The company repurchased 1,217,685 ordinary shares, representing approximately 0.51% of its issued and paid-up capital. This buy-back was approved by shareholders at an Extraordinary General Meeting on April 12, 2025. The company followed regulations by publishing announcements regarding the closure.

📌 Key Takeaways

• ✅ GGGL completed its share buy-back program on October 9, 2025.
• 📈 The company repurchased 1,217,685 ordinary shares.
• 📉 The repurchased shares represent approximately 0.51% of the issued and paid-up capital.
• 🗓️ The buy-back program was approved on April 12, 2025.
• 📰 Public announcements were made in the ‘Business Recorder’ and ‘Daily Ausaf’.
• 📜 The buy-back adheres to Regulation 10(g) of the Listed Companies Regulations, 2019.
• 🔒 The purchase period closed as per Regulation 7(2).
• 🏢 The announcement was made to the Pakistan Stock Exchange Limited.
• 🤝 TRE Certificate Holders of the Exchange will be informed.
• ✉️ Farzand Ali, Company Secretary, signed the announcement.

🎯 Investment Thesis

HOLD. The share buy-back is a minor positive signal but insufficient to change the overall investment thesis. A HOLD rating is maintained based on the need for a deeper analysis of Ghani Global Glass Limited’s financials, operational performance, and industry outlook. The price target will depend upon these factors. The time horizon is medium term.