NETSOL Technologies to seek shareholder approval for buyback of up to 4 million shares at EOGM
AGM / EGMNETSOL Technologies Limited has called an Extraordinary General Meeting for December 3, 2026 at 11:00 AM to seek approval for purchasing up to 4 million ordinary shares through the Pakistan Stock Exchange at prevailing spot prices. The shares would be held as treasury shares. The proposed purchase period is December 11, 2026 to June 1, 2027, or until completion, whichever is earlier. Share transfer books will be closed from November 27 to December 3, 2026.
Key Findings
- The EOGM is scheduled for December 3, 2026 at 11:00 AM at the company's registered office in Lahore, with video-link participation available on request.
- Shareholders will vote on a buyback of up to 4 million shares, approximately 4.45% of issued and paid-up capital, at spot prices through the PSX.
- The proposed buyback is to be funded from distributable profits and purchased shares will be held as treasury shares.
- The share transfer books will remain closed from November 27 to December 3, 2026; November 26, 2026 is the stated last date for transfer documents to qualify for meeting entitlement.
Meeting Details
Meeting
Extraordinary general meeting
Date
03/12/2026, 11:00 AM
Venue
Registered office, NetSol IT Village (Software Technology Park), Lahore; video-link participation available on request
Book closure
27/11/2026 to 03/12/2026
Last transfer date
26/11/2026
Meeting Details
Agenda
- Consider and approve a special resolution authorizing the purchase/buy-back of up to 4,000,000 ordinary shares of face value Rs. 10 each through the Pakistan Stock Exchange at spot price.
Resolutions
- Approve the buyback of up to 4,000,000 ordinary shares, to be held as treasury shares, subject to applicable laws and regulations.
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Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.
