Aga Khan Fund for Economic Development Makes Significant Share Purchases in Habib Bank Limited

Related Articles

Dry Weather to Prevail in Most Parts of Country: PMD

2 days ago

PM Directs Integration of Public-Private Partnership Authority to Expedite Development Projects

2 days ago

Karachi, The Aga Khan Fund for Economic Development, a substantial shareholder in Habib Bank Limited (HBL), has executed a series of share purchases in the company. The details of these transactions are as follows:

1. On September 6, 2023, the Aga Khan Fund for Economic Development acquired 150,000 shares at a rate of Rs. 97.30 per share. These shares were acquired in the form of CDC (Central Depository Company) Ready certificates.

2. In another transaction on the same day, the Fund purchased 25,000 shares at a rate of Rs. 97.40 per share. These shares were also obtained in the form of CDC Ready certificates.

3. Additionally, on the same date, the Fund acquired 100 shares at a rate of Rs. 97.49 per share, once again in the form of CDC Ready certificates.

4. A substantial purchase of 70,395 shares was made on September 6, 2023, at a rate of Rs. 97.50 per share. These shares were in the form of CDC Ready certificates.

5. On the same date, the Fund bought 950 shares at a rate of Rs. 97.65 per share. These shares were also obtained in the form of CDC Ready certificates.

6. Furthermore, the Fund made a purchase of 2,181 shares on September 6, 2023, at a rate of Rs. 97.69 per share. These shares were acquired in the form of CDC Ready certificates.

7. An additional 10,000 shares were purchased by the Fund on the same date, at a rate of Rs. 97.70 per share, in the form of CDC Ready certificates.

8. A significant acquisition of 67,030 shares was made at a rate of Rs. 97.75 per share on September 6, 2023, in the form of CDC Ready certificates.

9. The Fund concluded its series of purchases with an acquisition of 6,900 shares at a rate of Rs. 97.80 per share on the same date. These shares were also obtained in the form of CDC Ready certificates.

These transactions reflect the Aga Khan Fund for Economic Development’s confidence and interest in Habib Bank Limited. The Fund’s strategic investments in HBL demonstrate its commitment to the financial institution and its confidence in the bank’s growth prospects. These significant purchases further solidify the Fund’s position as a substantial shareholder in HBL and its role in supporting the bank’s strategic objectives.

The post Aga Khan Fund for Economic Development Makes Significant Share Purchases in Habib Bank Limited appeared first on Pakistan Company News.