ABB cuts its authorized capital

14:44 - 17.08.2022


August 17, Fineko/abc.az. The International Bank of Azerbaijan OJSC (ABB) reduced its authorized capital from 1,241,287,248.06 manats to 1,225,647,819.09 manats, down by 15,639,428.97 manats or 1.26%.

ABC.AZ reports with reference to ABB that according to the decision, 57,923,811 ordinary, registered, non-documentary repurchased shares of the bank with the code AZ1004004581 and a par value of 0.27 manats each were withdrawn from circulation.
The decision was made at the next general meeting of the ABB shareholders, held on June 30.
 

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