ABB cuts its authorized capital


August 17, Fineko/ 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non-documentary repurchased shares of the bank with the code AZ1004004581 and a par value of 0.27 manats each were withdrawn from circulation.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.

Keywords: ABB