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Karachi, AGA KHAN FUND FOR ECONOMIC DEVELOPMENT, a substantial shareholder of Habib Bank Limited (HBL), has intensified its investment in the bank by carrying out a series of acquisitions on August 8, 2023. The fund’s decision to increase its holdings showcases its confidence in the bank’s growth prospects and long-term value.
The transactions conducted on the specified date encompass the following:
1. Purchase of 10,105 shares at a rate of 102.50 PKR per share.
2. Procurement of 3,100 shares at a rate of 102.55 PKR per share.
3. Buying of 100 shares at a rate of 102.66 PKR per share.
4. Acquisition of 1,000 shares at a rate of 102.80 PKR per share.
5. Purchase of 1,900 shares at a rate of 102.86 PKR per share.
6. Procurement of 1,000 shares at a rate of 103.00 PKR per share.
7. Buying of 500 shares at a rate of 103.03 PKR per share.
8. Acquisition of 4,000 shares at a rate of 103.20 PKR per share.
9. Purchase of 1,000 shares at a rate of 103.21 PKR per share.
10. Procurement of 1,000 shares at a rate of 103.26 PKR per share.
These transactions underline AGA KHAN FUND FOR ECONOMIC DEVELOPMENT’s dedication to further consolidating its position within Habib Bank Limited, reflecting its investment strategy and optimism about the bank’s growth trajectory.
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