Philip Morris Delisting Approved at Rs1,300 Per Share, PSX Confirms

Philip Morris Delisting Approved at Rs1,300 Per Share, PSX Confirms

The Philip Morris delisting process from the Pakistan Stock Exchange (PSX) is moving forward after its majority shareholder, Philip Morris Investments B.V., accepted the PSX-determined buyback price of Rs1,300 per share for its voluntary exit. Philip Morris (Pakistan) Limited (PMPK), a leading tobacco company involved in the manufacturing and sale of cigarettes, informed the PSX on Friday that its principal shareholder, Philip Morris Investments…

PSX Voluntary Delisting Committee Nearly Doubles Philip Morris Minimum Buyback Price

Karachi June 26 2025: Pakistan Stock Exchange informed all stakeholders that the voluntary delisting application of Philip Morris (Pakistan) Limited (PMPK) was considered by the Voluntary Delisting Committee (VDC) of Pakistan Stock Exchange today. The VDC held detailed discussions with the representatives of the Sponsors and after taking into account all relevant aspects under the applicable Regulations, the Committee decided to determine the mi…