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Karachi, AGA KHAN FUND FOR ECONOMIC DEVELOPMENT, a substantial shareholder of Habib Bank Limited, has further solidified its position in the bank through a series of notable share acquisitions on August 23, 2023. These transactions signify the fund’s enduring confidence in the bank’s growth prospects.
The substantial shareholder actively engaged in multiple share purchases of Habib Bank Limited, acquiring substantial quantities at varying rates through CDC-ready certificates. The transactions are outlined as follows:
1. Transaction: BUY
Quantity: 22,000 shares
Rate: 99.97 per share
2. Transaction: BUY
Quantity: 20,600 shares
Rate: 99.98 per share
3. Transaction: BUY
Quantity: 38,625 shares
Rate: 99.99 per share
4. Transaction: BUY
Quantity: 124,556 shares
Rate: 100.00 per share
5. Transaction: BUY
Quantity: 20 shares
Rate: 100.12 per share
6. Transaction: BUY
Quantity: 10 shares
Rate: 100.25 per share
7. Transaction: BUY
Quantity: 10,000 shares
Rate: 100.29 per share
8. Transaction: BUY
Quantity: 5,901 shares
Rate: 100.30 per share
9. Transaction: BUY
Quantity: 52,500 shares
Rate: 100.35 per share
10. Transaction: BUY
Quantity: 5,000 shares
Rate: 100.38 per share
These acquisitions underscore AGA KHAN FUND FOR ECONOMIC DEVELOPMENT’s ongoing commitment to strengthening its position in Habib Bank Limited. The substantial shareholder’s proactive participation highlights its belief in the bank’s strategic direction and potential for long-term growth.
For more details on these transactions or inquiries, stakeholders are encouraged to refer to official announcements from Habib Bank Limited or engage with the bank’s investor relations department.
The post AGA KHAN FUND FOR ECONOMIC DEVELOPMENT Boosts Holding with Substantial Share Purchases in Habib Bank Limited appeared first on Pakistan Company News.