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Bestway Cement Limited (Urdu: بیسٹ وے سیمنٹ) is a Pakistani cement manufacturer based in Islamabad. It is a subsidiary of British conglomerate Bestway Group. [2] It was founded in 1993 and is listed on the Pakistan Stock Exchange. [2] [3]
The Group set up its first Bestway Cement cement plant in 1995 in Hattar in the KP Province of Pakistan, with an initial investment of US$120.0 million. The plant's initial capacity was 0.99 million tonnes per annum, this was enhanced to 1.17 million tonnes per annum at a cost of US$10 million in 2002.
Stock-split euphoria has helped send the broader market to new heights. A stock split is an event that allows a publicly traded company to alter both its share price and outstanding share count by ...
History suggests there's still upside as we head into 2025. Records shows the current bull market kicked off on Oct. 12, 2022. ... which prompted a 4-for-1 forward stock split that was completed ...
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History Says the S&P 500 Will Surge in 2025. 1 Stock-Split Stock to Buy Before It Does. ... (as of this writing). History suggests the market run will likely continue into 2025. The ongoing rally ...
In January 2011, Bestway Group increased its shareholding in UBL [10] to 51.07% by acquiring an additional 20% of the shares from the Abu Dhabi Group. [11] This was a total investment of US$230.0 million in Pakistan's second-largest private commercial bank. [12] [13]
The average return after a stock split is announced in the year that follows is 25.4%. That's about a 13% greater return than the market over the same period. This chart lays it out nicely.