Karachi, Habib Bank Limited informed Pakistan Stock Exchange about transaction of shares of the company. 2,500 shares @ Rs. 127.50 per share were bought from the market on July 12, 2021, 1,574 shares @ Rs. 127.60 per share were bought from the market on July 12, 2021, 426 shares @ Rs. 127.70 per share were bought from the market on July 12, 2021 and 4,500 shares @ Rs. 128.00 per share were bought from the market on July 12, 2021 through CDC.
Habib Bank Limited is incorporated in Pakistan and is engaged in commercial banking related services in Pakistan and overseas. The Aga Khan Fund for Economic Development (AKFED), S.A. is the parent company of the Bank and its registered office is in Geneva, Switzerland.
The Government of Pakistan privatized HBL in 2004 through which Aga Khan Fund for Economic Development (AKFED) acquired 51% of the Bank’s shareholding and the management control. The remaining 41.5% shareholding by the GoP was divested in April 2015. AKFED continues to retain 51% shareholding in HBL while the remaining shareholding is held by individuals, local and foreign institutions and funds including CDC Group Public Limited Company which holds 5% and International Finance Corporation which holds 3%.
The Bank is listed on Pakistan Stock Exchange. The shares of the bank are 1,466,852,508. Its Earnings per shares is 21.49 in 2020 which was 10.27 in 2019. Their Profit after Taxation is 31,523,682,000 in 2020 which was 15,064,189,000 in 2019.