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Karachi, In a show of robust confidence, AGA KHAN FUND FOR ECONOMIC DEVELOPMENT, a substantial shareholder in Habib Bank Limited, has executed a series of strategic share purchases on August 23, 2023. These transactions signal the fund’s increased investment in the bank and underline its positive outlook on the company’s future.
The fund engaged in multiple purchases of Habib Bank Limited’s shares, acquiring significant quantities at varying rates through CDC-ready certificates. The transactions are as follows:
1. Transaction: BUY
Quantity: 3,427 shares
Rate: 98.18 per share
2. Transaction: BUY
Quantity: 4,400 shares
Rate: 98.20 per share
3. Transaction: BUY
Quantity: 35,072 shares
Rate: 98.25 per share
4. Transaction: BUY
Quantity: 9,700 shares
Rate: 98.26 per share
5. Transaction: BUY
Quantity: 5,000 shares
Rate: 98.27 per share
6. Transaction: BUY
Quantity: 28,009 shares
Rate: 98.30 per share
7. Transaction: BUY
Quantity: 9,191 shares
Rate: 98.39 per share
8. Transaction: BUY
Quantity: 108,272 shares
Rate: 98.40 per share
9. Transaction: BUY
Quantity: 5,000 shares
Rate: 98.49 per share
10. Transaction: BUY
Quantity: 87,997 shares
Rate: 98.50 per share
These purchases not only enhance the substantial shareholder’s stake but also affirm their belief in Habib Bank Limited’s growth prospects. The transactions are expected to further fortify the fund’s investment portfolio.
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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