Netsol Technologies Limited is buying back 2 million shares from various investors/shareholders.
Netsol technologies Limited purchase will significantly change and improve earnings per share, resulting in a better dividend. It will also be beneficial for those members who want to get out of their investment. The transaction will improve earnings per share, future profits, and the breakup value of the company’s shares.
According to the stock filing, the board of directors of Netsol has decided to pass a special resolution and recommend it to the members for approval, so that no problem of any kind arises later.
Return fee value Rs. 10 In each of these respects, the Board of Directors has decided to convene an extraordinary general meeting of the company in Lahore on May 10, 2022, for a joint decision to be obtained.
According to the schedule, the purchase of shares by Netsol technologies Limited will be done from May 18 to August 15, 2022. Sources said that the last date can be extended till the purchase of shares is completed.
This initiative will promote better facilities and will also be beneficial for shareholders who want to withdraw their money.
Net Sol Technologies strives to find solutions to the unique set of challenges and barriers imposed by each new project and uses its strong business intelligence to provide solutions that quickly fill performance.
Netsol is also capable of successfully meeting deadlines and completing extremely complex projects within a budget for which it has a track record of accomplishing this task while consistently maintaining the highest standards.
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