City Bank Director Rubel Aziz has expressed his intention to sell 34 lakh shares from his holdings in the bank at the prevailing market price.
He announced a disclosure published on the Dhaka Stock Exchange (DSE) online on Monday (14 October).
According to the disclosure, Rubel Aziz holds more than 3.08 crore shares of City Bank. Out of his holdings, Rubel will sell 34 lakh shares in the public market of the DSE within 31 October.
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On the day, City Bank shares traded at Tk22.50. City Bank's consolidated net profit for the first half of 2024 increased by 5 percent to Tk250 crore compared to the same period last year.
The price-sensitive information of the private sector lender saw that consolidated earnings per share (EPS) for the January-June period was Tk1.85, up from Tk1.76 a year ago.
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