Karachi, May 11, 2026 – AGP Limited has informed the Pakistan Stock Exchange (PSX) regarding the purchase of its own shares under its ongoing share buyback program.
According to the company’s official notification submitted to the PSX, AGP Limited purchased 50,000 shares on May 8, 2026, at an average price of PKR 187.7518 per share. The transaction was carried out in compliance with Regulation 6(e) of the Listed Companies (Buy-Back of Shares) Regulations, 2019.
Share buyback programs are commonly undertaken by companies to enhance shareholder value, optimize capital structure, and demonstrate confidence in the company’s long-term growth prospects. Through such initiatives, companies reduce the number of shares available in the market, which can potentially improve earnings per share and increase shareholder returns.
The company requested the Pakistan Stock Exchange to notify TREC holders of the transaction in accordance with regulatory requirements.
AGP Limited, one of Pakistan’s leading pharmaceutical companies, continues to focus on delivering sustainable value to its shareholders while maintaining its commitment to growth and innovation in the healthcare sector.
Buyback Details
- Date of Purchase: May 8, 2026
- Number of Shares Purchased: 50,000
- Average Purchase Price: PKR 187.7518 per share
Investors and market participants are encouraged to follow future company disclosures for further updates regarding the share buyback program.