⚡ Flash Summary

Ghani Global Glass Limited (GGGL) has announced the closing of its purchase period for the buy-back of shares, as approved earlier this year. The company repurchased 1,217,685 ordinary shares, representing approximately 0.51% of the issued and paid-up capital. This buy-back program, conducted at prevailing market prices, concluded on October 9, 2025. A public announcement regarding the closing of the buy-back will be published on October 10, 2025.

📌 Key Takeaways

• 📢 GGGL closes share buy-back period on October 9, 2025.
• 💰 1,217,685 ordinary shares repurchased by the company.
• 📉 Represents approximately 0.51% of the issued and paid-up capital.
• 🗓️ Buy-back approved at Extraordinary General Meeting on April 12, 2025.
• ⚖️ Compliant with Regulation 10(g) of Buy-Back of Shares Regulations, 2019.
• 📰 Public notice to be published in ‘Dawn’ and ‘Daily Ausaf’ on October 10, 2025.
• 🔍 Shares purchased at relevant spot/current price during the period.
• 🏢 Announcement made to Pakistan Stock Exchange Limited.
• ✅ Buy-back conducted under Regulation 7(2) of the Regulations.
• 🔒 Company aims to enhance shareholder value through buy-back.
• 📜 Farzand Ali, Company Secretary, signed the announcement.

🎯 Investment Thesis

Given the limited information, a HOLD recommendation is appropriate. The buy-back program is a positive sign, suggesting management confidence, but a full assessment requires more financial data and a comprehensive understanding of GGGL’s future prospects. A price target cannot be determined without further financial analysis. A medium-term horizon is suitable to observe the impact of the buyback and other market factors.