Bank Audi Redeemed its Preferred Shares Class “E”

On the 23^th of September 2015, the Beirut Stock Exchange announced that the delisting of Bank Audi preferred shares class “E” will occur on the 29^th of the same month. This came after the board’s decision to redeem these shares.

 Moreover, bank Audi decided to increase its capital from $443.01M (LBP 667.84B) to $443.25M (LBP 668.19B), by raising the nominal value of its common shares from LBP 1,650 to LBP 1,656.  

 Year-to-Date Performance of Audi Common Shares

Source: BLOMINVEST Research Department