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Bancolombia Renews Board Authorization for Share Settlement

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Bancolombia Renews Board Authorization for Share Settlement

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Bancolombia ( (CIB) ) has provided an announcement.

On February 19, 2025, Bancolombia S.A. announced that its Board of Directors renewed the authorization for Directors Silvina Vatnick and Arturo Condo to settle their rights in the Institutional Fund managed by Protección, primarily invested in Bancolombia shares, for contributions meeting the required holding period in 2025. This decision allows for a structured process for trading Bancolombia shares by directors, ensuring compliance with trading regulations and maintaining corporate governance standards.

More about Bancolombia

Bancolombia S.A. operates in the financial industry, offering banking services and products. The company focuses on providing financial solutions in Colombia and is a key player in the region’s banking sector.

YTD Price Performance: 27.06%

Average Trading Volume: 313,669

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $10.28B

See more data about CIB stock on TipRanks’ Stock Analysis page.

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