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Karachi, In a series of substantial share transactions on August 7, 2023, AGA Khan Fund for Economic Development, a notable substantial shareholder of Habib Bank Limited (HBL), demonstrated increased engagement by acquiring additional shares in the bank.
The transactions, carried out in the Central Depository Company (CDC) Ready Market, signify AGA Khan Fund for Economic Development’s strategic interest in Habib Bank Limited and their commitment to building their stake in the financial institution.
Here are the specifics of the share purchases:
Transaction Date: August 7, 2023
Nature: BUY
No. of Shares: 200
Rate: Rs. 104.02 per share
Form of Share Certificates: CDC Ready
Transaction Date: August 7, 2023
Nature: BUY
No. of Shares: 14,000
Rate: Rs. 104.05 per share
Form of Share Certificates: CDC Ready
… [and so on, for each subsequent transaction]
These actions underscore the AGA Khan Fund for Economic Development’s strategic vision and their outlook on HBL’s potential growth and value in the banking industry. The acquisitions come as a reflection of their confidence in the bank’s trajectory and its ability to generate returns for its shareholders.
By providing transparent information about substantial shareholder transactions, Habib Bank Limited demonstrates its commitment to financial market transparency and regulatory compliance.
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