NETSOL Transfers Over 1 Million Treasury Shares to Employees

NETSOL Technologies Ltd. has announced the transfer of 1,043,565 treasury shares to eligible employees as part of its Employees Stock Option Scheme (ESOS), according to a notice sent to the Pakistan Stock Exchange on Tuesday. The shares were sold at Rs. 77.84 per share through the employees’ Central Depository System (CDS) accounts. The move follows a special resolution passed at the company’s Extra-Ordinary General Meeting (EOGM) on December 31, 2024, approving the sale of treasury shares under the ESOS in line with the Listed Companies (Buy-Back of Shares) Regulations, 2019. The company said the transfer is aimed at incentivizing and retaining talent by offering employees a direct stake in the company’s growth and performance. NETSOL Technologies, a leading global provider of IT and enterprise software solutions, has offices in Pakistan, the US, UK, Australia, China, Thailand, Indonesia, and the UAE.