⚡ Flash Summary
On November 19, 2025, Mr. Aslam Sadruddin, an executive at Askari Bank, purchased 4,500 shares of the bank. The shares were bought in the ready market through a CDS (Central Depository System) account. The purchase price was PKR 94.12 per share. Following this transaction, Mr. Sadruddin’s cumulative shareholding in the bank is 4,500 shares, representing 0.0003% of the total shares.
📌 Key Takeaways
- 💼 Executive Share Purchase: Mr. Aslam Sadruddin, an executive at Askari Bank, bought shares.
- 🗓️ Transaction Date: The transaction occurred on November 19, 2025.
- 🛒 Purchase Volume: 4,500 shares were purchased in total.
- 💹 Purchase Rate: The shares were bought at a rate of PKR 94.12 per share.
- 🏦 Market Segment: The shares were bought in the ‘Ready’ market.
- 📝 Form of Share Certificate: The shares are held in CDS form.
- 📈 Cumulative Holding: After the purchase, the executive holds 4,500 shares.
- 📊 Percentage Holding: This represents 0.0003% of the total shares of the bank.
- 📄 Regulatory Compliance: The disclosure is made under PSX Regulation 5.6.4.
- 🏦 Company Secretary: Syed Ali Safdar Safdar Naqvi is the Company Secretary.
- 🏢 Bank’s Office: Askari Bank’s Company Secretary Office is in Islamabad.
- ✉️ Notification Date: The notification was issued on November 20, 2025.
🎯 Investment Thesis
HOLD. Given the limited information provided in this disclosure, a hold recommendation is appropriate. The executive’s purchase is a minor positive signal, but not enough to warrant a buy without a comprehensive analysis of AKBL’s financials, strategic outlook, and the broader macroeconomic environment. Price Target: Dependent on future earnings reports and market conditions. Time Horizon: Medium Term.
Disclaimer: AI-generated analysis. Not financial advice.