Cement News tagged under: share buyback

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Kohat Cement Company’s profit advances 53% in FY23-24

09 September 2024, Published under Cement News

Pakistan’s northern cement producer, Kohat Cement Co Ltd (KOHC), announced its financial results for FY23-24 on the Pakistan Stock Exchange website on 5 September. The company posted a profit after tax (PAT) of PKR8.89bn (US$31.9m), up 53 per cent from last year. The highest-ever annual earnings were possible due to the growth of other income, which increased by 114 per cent to PKR4.45bn during this robust performance. However, net sales decreased to PKR38.64bn from PKR38.92bn, and the co...

HeidelbergCement schedules second tranche of share buyback programme for 1Q22

14 January 2022, Published under Cement News

HeidelbergCement will continue its share buyback programme earlier than originally planned. The second tranche in the amount of EUR300-350m is scheduled to start in the 1Q22 and to be completed by the 3Q22 at the latest, says the company in a statement. Upon the successful completion of the first tranche in December 2021, HeidelbergCement’s Managing Board decided on 13 January 2022 to cancel all shares that were acquired within the first tranche. The total amount of 5,324,577 shares are co...

Titan Cement announces progress of share buyback

22 December 2021, Published under Cement News

Titan Cement International SA has announced the progress of its share buyback programme. The company and its subsidiary, Titan Cement Co SA, purchased 42,514 shares of Titan Cement International on Euronext Brussels and the Athens Stock Exchange in the period between 13 December until 20 December 2021. The value of the shares amounts to EUR575,484. Following the transactions, Titan Cement International owns 1,447,192 shares which represent 1.85 per cent of the voting rights.