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Philip Morris Pakistan to exit PSX, announces share buyback

Summary by Business Recorder
Philip Morris (Pakistan) Limited (PMPKL), an affiliate of Philip Morris International (PMI), has decided to purchase all the shares of the company and voluntary delist from the Pakistan Stock Exchange (PSX). The listed company shared the development in its notice to the bourse on Wednesday. “The board of the company resolved to delist the company from the exchange under rule 5.14 of Voluntary Delisting rules of the PSX Rule Book for which the co…
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Business Recorder broke the news in on Wednesday, March 26, 2025.
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