Halyk Bank Announces Decided not to Buy Back Part of Preferred Shares
OREANDA-NEWS. January 24, 2012. Joint Stock Company "Halyk Savings Bank of Kazakhstan" ("Halyk Bank" or the "Bank") (LSE: HSBK) informs that collection of applications for buy-back in the open market of part of issued preferred shares and preferred shares convertible into common shares of the Bank (the "Preferred shares") was finished on 30 December 2011, reported the press-centre of KASE.
Considering that the total volume and price of the Preferred shares applied for buy-back by shareholders did not meet the indicative volume and price announced by the Bank, the Bank made a decision not to exercise the buy-back of part of Preferred shares in the open market.
Комментарии