Karachi: Bank AL Habib Limited disclosed that an executive of the bank, Mr. Mehboob All, has recently purchased a total of 6,500 shares through two separate transactions, as per the regulatory filings with the Pakistan Stock Exchange.

On September 18, 2024, Mr. All engaged in two distinct share purchasing events. The initial transaction involved the acquisition of 5,000 shares at a price of Rs. 95.05 each, followed by a further purchase of 1,500 shares priced at Rs. 94.50 each. All transactions were conducted in the form of Central Depository Company (CDC) shares.

According to information available from the Pakistan Stock Exchange (PSX), these transactions have also been reported through the Pakistan Unified Corporate Reporting System (PUCARS), affirming the bank's commitment to transparency and regulatory compliance.

This recent activity by a high-ranking official of Bank AL Habib underscores ongoing interest and confidence in the bank's financial stability and future prospects. The transactions collectively amount to an investment of Rs. 617,250.00, reflecting a significant personal stake by Mr. All in the institution he serves.