Karachi, Ibrahim Fibres Limited has disclosed a notable transaction in its shares by a substantial shareholder. The company shared the details of the transaction, which took place on August 04, 2023.
Person Involved: Ibrahim Holdings (Pvt.) Limited (Substantial Shareholder)
Date of Transaction: August 04, 2023
Nature of Transaction: Buy
Number of Shares: 1100
Rate: 250.00 per share
Form of Share Certificates: CDC Ready
This development showcases substantial activity in the shares of Ibrahim Fibres Limited, indicating a strategic move by a significant shareholder. The company’s shares were acquired at a rate of 250.00 per share, as disclosed in the report. The transaction underscores the shareholder’s confidence in the company’s prospects and reflects their ongoing commitment to the organization.
The announcement further reinforces Ibrahim Fibres Limited’s commitment to transparency and accountability by promptly disclosing such transactions to its stakeholders and the market.
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