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Business & Finance Print edition: 2023-08-03

AKFED informs HBL of intention to get more shares

Published August 3, 2023 Updated August 3, 2023 05:54am
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KARACHI: M/s. Aga Khan Fund for Economic Development (AKFED) has informed Habib Bank Limited (HBL) of its intention to acquire additional shares of HBL from the open market, by utilizing the accumulated dividends that have not been repatriated, amounting to Rs 3,472,172,945.

The said purchase of HBL shares shall be in accordance with applicable regulatory approvals, material information sent to Pakistan Stock Exchange on Wednesday said.

Copyright Business Recorder, 2023

Pakistan Stock Exchange PSX HBL dividends AKFED HBL shares

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