Karachi: Executives at Samba Bank Limited have disclosed recent transactions involving the bank's shares, in compliance with Pakistan Stock Exchange (PSX) regulations. The transactions highlight the buying and selling activities of two key executives within the bank.
On November 12, 2024, Mr. Khurram Aleem Shahzad, an executive at Samba Bank Limited, purchased 10,000 shares at a rate of Rs. 11.00 per share. Following this, Mr. Shahzad sold 5,000 shares at Rs. 10.30 per share on November 22, 2024, and another 5,000 shares at Rs. 10.26 per share on November 26, 2024.
In a series of transactions, Mr. Tajdar Hussain, another executive, bought 500 shares at Rs. 10.51 per share and an additional 500 shares at Rs. 11.00 per share on November 12, 2024. The following day, he acquired another 500 shares at Rs. 10.10 per share. Mr. Hussain then sold 500 shares at Rs. 10.50 on November 18, 2024, and an additional 500 shares at Rs. 10.90 per share on December 2, 2024.
According to information available from the Pakistan Stock Exchange (PSX), these transactions were executed as part of regular market activities and adhered to the necessary regulatory requirements. The transactions did not result in significant changes to the cumulative shareholding percentages of the executives involved.