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Wyeth Pakistan continue to buy shares from minority shareholders till 23rd February 2023: PSX

Purchase of the remaining shares at the price of PKR 2,000 per share approved by the Exchange

admin-augaf by admin-augaf
March 5, 2022
in Business
Reading Time: 1 min read
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Wyeth Pakistan Buy Back

Wyeth Pakistan Buy Back

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Karachi March 5 2022: The  Purchase  Agent  and  Sponsors  of  the  Wyeth Pakistan Limited  have submitted  an  undertaking  to  the  Pakistan  Stock  Exchange for  purchase  of  the  remaining  shares  at  the  price  of  PKR 2,000  per  share  approved  by  the  Exchange  for  a  further period  upto  February  25,  2023.

All  the  shareholders  are  hereby  informed  that  the  initial buy-back  period  of  purchase  of  shares  of  the  Company  by the  Sponsors  has  already  been  expired  on  February  25, 2022.  The  remaining  minority  shareholders  of  the  Company,  who  could  not  avail  the  opportunity  earlier  and  desire to  sell  the  shares  are  requested  to  approach  the  Purchase Agent  at  (Arif  Habib  Limited,  Arif  Habib  Centre  I 23,  M.T. Khan  Road,  Karachi,  021  111  245  111)  for  the  purpose.

Wyeth Pakistan Limited is a public limited company incorporated in 1949. Pfizer Inc. is the ultimate parent of the Company. The Company is engaged in import, marketing , distribution and sale of research based pharmaceutical products.

Source: Pakistan Stock Exchange
Tags: BuybackWyeth
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