⚡ Flash Summary

Ghani Global Glass Limited (GGGL) announced the closure of its share buy-back purchase period, effective October 9, 2025. The buy-back was approved by shareholders at an Extraordinary General Meeting held on April 12, 2025. During the purchase period, GGGL acquired 1,217,685 ordinary shares, representing approximately 0.51% of the company’s issued and paid-up capital. This action was conducted in compliance with Regulation 10(g) and Regulation 7(2) of the Listed Companies (Buy-Back of Shares) Regulations, 2019.

📌 Key Takeaways

• 📢 GGGL closes its share buy-back program on October 9, 2025.
• 🗓️ Buy-back was initially approved on April 12, 2025.
• ✅ Complies with Regulation 10(g) of Buy-Back Regulations, 2019.
• ✅ Complies with Regulation 7(2) of Buy-Back Regulations, 2019.
• 📈 1,217,685 ordinary shares purchased during buy-back.
• 📊 Represents approximately 0.51% of issued capital.
• 🔍 Shares bought at the relevant spot/current price.
• 📰 Announcement to be published in ‘Business Recorder’ and ‘Daily Ausaf’.
• 🏢 Notifies Pakistan Stock Exchange of the closure.
• ✉️ TRE Certificate Holders informed accordingly.

🎯 Investment Thesis

HOLD. The completion of the share buy-back is a neutral event. While it demonstrates management’s willingness to support the stock, the small scale of the buy-back (0.51% of outstanding shares) suggests a limited impact on the company’s valuation. More robust financial data is needed. Target price and time horizon is not possible to determine.