⚡ Flash Summary
Lalpir Power Limited has announced a buy-back of its shares, according to the Listed Companies (Buy-Back of Shares) Regulations, 2019. The company intends to purchase up to 100 million ordinary shares, representing 26.33% of the total outstanding shares. The buy-back is scheduled to commence on November 28, 2025, and will continue until May 15, 2026, or until the purchase is complete, whichever is earlier. The purpose of the buy-back is for the cancellation of shares, which could potentially increase the value of the remaining shares.
📌 Key Takeaways
- 📢 Lalpir Power Limited announces buy-back of shares.
- 🗓️ Buy-back adheres to the Listed Companies (Buy-Back of Shares) Regulations, 2019.
- 🎯 Target: Up to 100,000,000 ordinary shares.
- 📊 This represents 26.33% of the total outstanding shares.
- ✔️ Purpose: Cancellation of Shares.
- 🗓️ Commencement Date: November 28, 2025.
- ⏳ Duration: November 28, 2025, to May 15, 2026, or earlier if completed.
- 🏢 Securities Exchange: Pakistan Stock Exchange Limited.
- 👤 Authorized Officer: Mr. Khalid Mahmood Chohan, Company Secretary.
- 📞 Contact: +92 42 111 11 33 33, kchohan@lalpir.com.
- 🤝 Contact Person for Queries: Mr. Tanvir Khalid, Incharge Finance and Accounts.
- 📧 Contact email: tanvir@nishatpower.com.
- 📍 Registered Office: Nishat House, 53-A, Lawrence Road, Lahore.
- 🌐 Website: www.lalpir.com.
🎯 Investment Thesis
Given the limited information available, a HOLD recommendation is appropriate. The buy-back announcement is a positive signal, but more information is needed to determine the intrinsic value of the shares. A price target cannot be accurately estimated without financial data. The time horizon for this recommendation is medium-term (6-12 months), pending further analysis of the company’s performance and the impact of the buy-back on shareholder value. If further financial analysis reveals strength, the recommendation could move to BUY.
Disclaimer: AI-generated analysis. Not financial advice.