Bank of Beirut Announced the Redemption of its Preferred Shares Class “H”

Bank of Beirut S.A.L. announced to the owners of preferred shares class “H” that the Board of Directors decided in its meeting held on 26/09/2015, to redeem the 2.5M Class “H” preferred shares on the last working day of 2015. This comes consistent with Article B4, 4th paragraph of the 3rd decision taken by the Extraordinary General Assembly of shareholders of 13/11/2008. During the past month, Bank of Beirut preferred shares class “H” traded at a price range of $26 – $26.35.

Performance of Bank of Beirut Preferred Shares Class “H”

Bank of Beirut Announced the Redemption of its Preferred Shares Class “H”

Source: BLOMINVEST Research Department, BSE

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