Habib Bank Announces Record Distributions Amid Strong Performance

Karachi, Habib Bank Ltd., identified by its symbol HBL, today reported a significant increase in its distributions, setting a record with 67.50% for 2022 and an impressive 97.50% for 2023, with a 40% interim expected in 2024. The stock closed at Rs. 113.82, closely matching its daily average of Rs. 114.12. The bank’s paid-up capital is noted at Rs. 14,668.52 million, with a volume traded of 234,135,851 shares. According to information available from the Pakistan Stock Exchange (PSX), Habib Bank has achieved a peak share price of Rs. 120.81 and a low of Rs. 103 since its listing in 2007.