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Karachi, Renowned investor AGA KHAN FUND FOR ECONOMIC DEVELOPMENT has substantially augmented its stake in Habib Bank Limited (HBL) through a series of strategic acquisitions. On August 8, 2023, the Fund executed multiple transactions to bolster its position in the company, acquiring shares at varying rates.
The transactions carried out on the mentioned date include:
1. Acquisition of 59,095 shares at a rate of 101.00 PKR per share.
2. Purchase of 61,000 shares at a rate of 101.05 PKR per share.
3. Buying of 5,000 shares at a rate of 101.10 PKR per share.
4. Procurement of 90,000 shares at a rate of 101.15 PKR per share.
5. Purchase of 10,000 shares at a rate of 101.20 PKR per share.
6. Acquiring 3,000 shares at a rate of 101.24 PKR per share.
7. Acquisition of 19,499 shares at a rate of 101.25 PKR per share.
8. Purchase of 5,500 shares at a rate of 101.30 PKR per share.
9. Procurement of 4,499 shares at a rate of 101.39 PKR per share.
10. Acquisition of 7,919 shares at a rate of 101.40 PKR per share.
These strategic acquisitions reflect AGA KHAN FUND FOR ECONOMIC DEVELOPMENT’s continued confidence in the future prospects of Habib Bank Limited and its strategic investment approach.
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