📈 Ceylon Investment Proposes Rs. 366 Mn Share Buyback
• Total Buyback Value: Up to Rs. 365.99 Mn to repurchase a maximum of 1,800,014 ordinary shares. • Offer Price: Rs. 203.33 per share (stock closed at Rs. 99.70 yesterday). • Entitlement Ratio: 1 ordinary share for every 54 ordinary shares held. • Timeline: Proposed offer period from 2 September to 23 September (subject to regulatory concurrence). • Regulatory & Governance: Board approved the buyback per Articles of Association and signed a Certificate of Solvency. Draft offer document submitted to CSE for approval. • Key Shareholding: Ceylon Guardian Investment Trust holds the top stake (66.58%); public float stands at 33.42% (as of end-March 2026).
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