Habib Insurance Set to Review Mid-Year Financials in Upcoming Board Meeting

Karachi: The Board of Directors of Habib Insurance Company Limited will convene on August 29, 2024, at the corporate headquarters to review the financial statements for the half-year ending June 30, 2024, and to discuss potential entitlement declarations.

In compliance with the Pakistan Stock Exchange regulations, specifically Clause 5.6.1(d), Habib Insurance has instituted a "Closed Period" from August 22 to August 29, 2024. During this time, directors, the CEO, and executives are prohibited from trading company shares.

According to information available from the Pakistan Stock Exchange (PSX), the upcoming board meeting is crucial as it may determine shareholder dividends or other entitlements based on the company's performance in the first half of the year. Shareholders and investors are advised to note the schedule and restrictions during the Closed Period as set by the regulatory guidelines.