{"id":1252,"date":"2023-11-30T12:29:54","date_gmt":"2023-11-30T12:29:54","guid":{"rendered":"https:\/\/ksestocks.com\/blog\/?p=1252"},"modified":"2023-12-08T19:15:19","modified_gmt":"2023-12-08T19:15:19","slug":"lucky-cement-cancels-2-8-million-shares-after-completing-2nd-buy-back","status":"publish","type":"post","link":"https:\/\/ksestocks.com\/blog\/lucky-cement-cancels-2-8-million-shares-after-completing-2nd-buy-back\/","title":{"rendered":"Lucky Cement cancels 20.3 million shares after completing 2nd buy back"},"content":{"rendered":"\n<p>In a <a href=\"https:\/\/dps.psx.com.pk\/download\/document\/221883.pdf\" target=\"_blank\" rel=\"noopener\" title=\"\">notification<\/a> sent to the PSX on 30\/11\/2023, Lucky Cement (LUCK) confirmed the buyback and cancellation of <strong>20,375,000<\/strong> shares of the company after completing its 2nd buyback program.\u00a0<\/p>\n\n\n\n<p>After the cancellation of these shares, the company\u2019s issued and paid-up share capital is <strong>Rs. 2,930,000,000\/-<\/strong> dividend into <strong>293,000,000<\/strong> shares of Rs. 10 each.\u00a0<strong>LUCK<\/strong> had announced its plans to buy back <strong>23.8 million<\/strong> shares earlier in the year but could only buy back 20.75 million shares before the last date. This was the second buyback this year, with the first one amounting to buyback and cancellation of\u00a0 <a href=\"https:\/\/dps.psx.com.pk\/download\/document\/204863.pdf\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>10 million shares<\/strong><\/a> earlier in the year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lucky Cement (LUCK) confirmed the buyback and cancellation of 20,375,000 shares of the company after completing its 2nd buyback program.\u00a0<\/p>\n","protected":false},"author":2,"featured_media":87,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[10],"class_list":["post-1252","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-luck"],"featured_image_src":{"landsacpe":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2023\/05\/lucky-logo.png",400,153,false],"list":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2023\/05\/lucky-logo.png",400,153,false],"medium":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2023\/05\/lucky-logo-300x115.png",300,115,true],"full":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2023\/05\/lucky-logo.png",400,153,false]},"_links":{"self":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/1252","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/comments?post=1252"}],"version-history":[{"count":0,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/1252\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media\/87"}],"wp:attachment":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media?parent=1252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/categories?post=1252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/tags?post=1252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}