Engro Holdings Limited has carried out a share buyback worth about Rs. 3.03 billion on the Pakistan Stock Exchange as part of a repurchase programme approved by shareholders earlier this year.

In a stock filing on Friday, the company said it purchased 10,551,653 shares on June 18, 2026, at an average price of Rs. 287.09 per share.

The transaction is part of Engro Holdings’ plan to repurchase up to 45 million shares, or around 3.73 percent of its outstanding stock. The buyback programme was approved in April and is scheduled to remain open from May 7 to October 25, 2026, or until the target is met.

The company has said it intends to cancel the repurchased shares, a move expected to improve earnings and cash flow per share while also offering an exit opportunity to shareholders.

Engro Holdings, formerly known as Dawood Hercules Corporation, was renamed in late 2024 and completed a major restructuring in January 2025, under which Engro Corporation became its wholly owned subsidiary.

The group traces its roots to 1968 and has grown into one of Pakistan’s largest conglomerates, with investments in fertilisers, petrochemicals, dairy, energy, telecom infrastructure, LNG and port terminals.