MCB Director buys Rs. 149 million worth of stock

In a notification sent to the PSX on 12/02/2024, MCB Bank Limited (MCB) announced that a non-executive director of the company bought 814623 shares of the company.

Mr. Tariq Rafi, a non-executive director of the company, bought 814623 shares of MCB at a price of Rs. 183.76

This amounts to a total of Rs. 149.6 million that he has invested in the company.

Mr. Rafi also serves on the boards of Siddiqsons Tin Plate Limited (STPL) and Central Depository Company of Pakistan Limited (CDC).

The market cap of MCB stands at Rs. 216 billion. Its shares were trading at Rs. 182.14 at the close of trading.