Systems Limited Suspends Trading on PSX Due to Stock Split
2 Articles
2 Articles
PSX Temporarily Suspends Trading in Systems Limited
The Pakistan Stock Exchange – PSX has announced a temporary suspension in the trading of Systems Limited (PSX: SYS) shares due to a change in the company’s share face value. From May 29 to May 30, 2025, trading in SYS shares will be halted to facilitate a split in face value from Rs. 10 to Rs. 2 per share, as per the company’s book closure on May 31. Additionally, since SYS is a Deliverable Futures Contract (DFC) eligible security, all existing …
Systems Limited Suspends Trading on PSX Due to Stock Split
Systems Limited (PSX: SYS), a prominent technology company listed on the Pakistan Stock Exchange (PSX), temporarily suspends its share trading from May 29 to May 30, 2025. This action is being taken to implement a stock split, which involves changing the face value of its shares from Rs. 10 to Rs. 2. This strategic move will significantly increase the total number of outstanding shares from 293,116,150 to 1,465,580,750, while the company’s total…
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