AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, In a recent disclosure of interest, the Aga Khan Fund for Economic Development, a substantial shareholder of Habib Bank Limited, has executed a series of transactions to acquire shares of the company. The details of each transaction are as follows:
1. On May 10, 2023, the Aga Khan Fund for Economic Development made a buy transaction for 1 share at a rate of 71.60. The share certificates were in the form of CDC and were ready for market.
2. Additionally, on the same day, the fund purchased 4,483 shares at a rate of 71.65. The share certificates were also in CDC form and ready for market.
3. Continuing its buying spree, the Aga Khan Fund for Economic Development acquired 1,200 shares at a rate of 71.69 on May 10, 2023. These share certificates were in CDC form and ready for market.
4. The fund further increased its stake by purchasing 13,881 shares at a rate of 71.70. This transaction took place on May 10, 2023, and the share certificates were in CDC form and ready for market.
5. Another transaction on May 10, 2023, involved the purchase of 2,668 shares by the Aga Khan Fund for Economic Development at a rate of 71.74. The share certificates were in CDC form and ready for market.
6. The fund continued its buying spree by acquiring a significant number of shares, purchasing 87,991 shares at a rate of 71.75 on May 10, 2023. These share certificates were in CDC form and ready for market.
7. On the same day, the Aga Khan Fund for Economic Development made another purchase of 500 shares at a rate of 71.79. The share certificates were in CDC form and ready for market.
8. A transaction on May 10, 2023, involved the acquisition of 6,500 shares at a rate of 71.80. The share certificates were in CDC form and ready for market.
9. The Aga Khan Fund for Economic Development further expanded its holdings by purchasing 112 shares at a rate of 71.84 on May 10, 2023. These share certificates were in CDC form and ready for market.
10. Finally, on the same day, the fund made another purchase of 500 shares at a rate of 71.86. The share certificates were in CDC form and ready for market.
These transactions reflect the Aga Khan Fund for Economic Development’s continued interest in Habib Bank Limited, as it strategically increases its stake in the company. Such acquisitions can have implications for the future direction and decision-making of the bank, making it an important development to monitor in the financial industry.