NCC Bank chairman's firm to buy 2.17cr shares of bank
NCC Bank shares are being traded at Tk11.20 today
Newaz International Limited, the firm of NCC Bank Chairman Nurun Newaz, has announced plans to buy 2.17 crore shares of the bank.
According to the disclosure filed on the Dhaka Stock Exchange (DSE) today (6 May), Newaz International will buy the shares at prevailing market price through the DSE.
NCC Bank shares are being traded at Tk11.20 today.
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Newaz is the managing director of the company. He is also the chairman of Electro Mart Limited.
Earlier, the bank recommended a 13% cash dividend to its shareholders for last year.
To approve the dividend, it will conduct the Annual General Meeting on 2 July, and 26 May has been fixed as the record date.
