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Karachi, AGA KHAN FUND FOR ECONOMIC DEVELOPMENT, a substantial shareholder of Habib Bank Limited, has amplified its investment in the bank through a series of strategic share acquisitions on August 23, 2023. These transactions underscore the fund’s unwavering confidence in the bank’s potential for growth and success.
The substantial shareholder actively participated in multiple share purchases of Habib Bank Limited, accumulating notable quantities at varying rates through CDC-ready certificates. The transactions are detailed as follows:
1. Transaction: BUY
Quantity: 105,314 shares
Rate: 98.99 per share
2. Transaction: BUY
Quantity: 157,980 shares
Rate: 99.00 per share
3. Transaction: BUY
Quantity: 5,000 shares
Rate: 99.01 per share
4. Transaction: BUY
Quantity: 15,000 shares
Rate: 99.20 per share
5. Transaction: BUY
Quantity: 10,000 shares
Rate: 99.25 per share
6. Transaction: BUY
Quantity: 500 shares
Rate: 99.35 per share
7. Transaction: BUY
Quantity: 1,660 shares
Rate: 99.40 per share
8. Transaction: BUY
Quantity: 25 shares
Rate: 99.48 per share
9. Transaction: BUY
Quantity: 18,315 shares
Rate: 99.50 per share
10. Transaction: BUY
Quantity: 25 shares
Rate: 99.57 per share
These transactions reflect the substantial shareholder’s commitment to reinforcing its stake in Habib Bank Limited. The continued investments demonstrate the fund’s optimism about the bank’s strategic direction and growth prospects.
For more information 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.
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