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Karachi, In a series of strategic transactions, AGA KHAN FUND FOR ECONOMIC DEVELOPMENT, a substantial shareholder in Habib Bank Limited, has significantly expanded its holdings in the bank. The details of these transactions, executed on September 12, 2023, are as follows:
1. AGA KHAN FUND FOR ECONOMIC DEVELOPMENT (Substantial shareholder)
Date: September 12, 2023
Nature: BUY
Number of Shares: 206,139
Rate: 96.75
Form of Share Certificates: CDC
Market: Ready
2. AGA KHAN FUND FOR ECONOMIC DEVELOPMENT (Substantial shareholder)
Date: September 12, 2023
Nature: BUY
Number of Shares: 40
Rate: 96.78
Form of Share Certificates: CDC
Market: Ready
3. AGA KHAN FUND FOR ECONOMIC DEVELOPMENT (Substantial shareholder)
Date: September 12, 2023
Nature: BUY
Number of Shares: 17,876
Rate: 96.80
Form of Share Certificates: CDC
Market: Ready
4. AGA KHAN FUND FOR ECONOMIC DEVELOPMENT (Substantial shareholder)
Date: September 12, 2023
Nature: BUY
Number of Shares: 957
Rate: 96.85
Form of Share Certificates: CDC
Market: Ready
5. AGA KHAN FUND FOR ECONOMIC DEVELOPMENT (Substantial shareholder)
Date: September 12, 2023
Nature: BUY
Number of Shares: 10,961
Rate: 96.89
Form of Share Certificates: CDC
Market: Ready
6. AGA KHAN FUND FOR ECONOMIC DEVELOPMENT (Substantial shareholder)
Date: September 12, 2023
Nature: BUY
Number of Shares: 39,182
Rate: 96.90
Form of Share Certificates: CDC
Market: Ready
7. AGA KHAN FUND FOR ECONOMIC DEVELOPMENT (Substantial shareholder)
Date: September 12, 2023
Nature: BUY
Number of Shares: 7,000
Rate: 96.99
Form of Share Certificates: CDC
Market: Ready
8. AGA KHAN FUND FOR ECONOMIC DEVELOPMENT (Substantial shareholder)
Date: September 12, 2023
Nature: BUY
Number of Shares: 33,984
Rate: 97.00
Form of Share Certificates: CDC
Market: Ready
These strategic share purchases indicate AGA KHAN FUND FOR ECONOMIC DEVELOPMENT’s continued confidence in the prospects of Habib Bank Limited and its commitment to strengthening its position as a substantial shareholder in the bank. These transactions may have notable implications for the bank’s ownership structure and future strategic direction.
The post AGA KHAN FUND FOR ECONOMIC DEVELOPMENT Increases Stake in Habib Bank Limited through Strategic Share Purchases appeared first on Pakistan Company News.