Lalpir Power Limited (PSX:LPL) has approved buy-back of upto 100,000,000 shares of the company comprising 26.33% of the total outstanding shares.
The ordinary shares purchased shall be cancelled in accordance with section 88 of the Companies Act, 2017 read with the Listed Companies(Buy-Back of shares) Regulations, 2019
The shares will be purchased through the Pakistan Stock Exchange Limited at the spot/current price acceptable to the company prevailing during the purchase period.
The company further disclosed that the purchase of the said shares will be made from November 28, 2025 to May 15, 2026 or till such time the purchase of shares is complete, whichever is earlier.
As of 20 November, 2025 Lalpir Power Limited has 379,838,732 outstanding ordinary shares out of which 132,943,556 (35%) are free float shares.
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