AGP Limited has informed the Pakistan Stock Exchange (PSX) that it has completed the buyback of 800,000 of its own shares as part of its ongoing share repurchase program. The disclosure was made in accordance with Regulation 6(e) of the Listed Companies (Buy-Back of Shares) Regulations, 2019.
According to the company’s notification, the shares were purchased on April 30, 2026, at an average rate of Rs186.8210 per share. The transaction reflects AGP’s continued execution of its approved share buyback strategy, which is often undertaken by companies to enhance shareholder value, optimize capital allocation, and signal confidence in future business prospects.
The company requested the PSX to notify TREC holders of the transaction in line with regulatory requirements. The notification was signed by Company Secretary Muhammad Asad Khan and submitted to the exchange on May 4, 2026.
Share buybacks reduce the number of outstanding shares in the market and can positively impact earnings per share (EPS) metrics. Investors typically monitor such transactions closely as they may indicate management’s confidence in the company’s valuation and long-term outlook.
AGP Limited, one of Pakistan’s leading pharmaceutical companies, has been actively pursuing growth initiatives while maintaining a focus on creating value for its shareholders.
