Aga Khan to buy Habib Bank shares worth Rs 3.5 billion

Aga Khan Fund for Economic Development (“AKFED*) has informed Habib Bank Limited (“HBL») its intention to acquire additional shares of HBL from the open market,

The purpose of buying shares hereby utilizing the accumulated dividends that have not been repatriated, amounting to PKR 3,534,747,825.

The said purchase of HBL shares shall be in accordance with applicable regulatory approvals.