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Turkey's Isbank to sell 130mn shares it bought back last year

ISTANBUL: Turkey's Isbank decided on Friday to sell 130 million C class shares that it bought back last year by taki
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By Parvez JabriReuters
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ISTANBUL: Turkey's Isbank decided on Friday to sell 130 million C class shares that it bought back last year by taking into account the relative improvement in economic conditions and efficient use of its capital.

In a stock exchange filing, Isbank, Turkey's second largest bank by assets, said it authorised its head office to determine the sale price, method and calendar.

Copyright Reuters, 2019

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