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Bancolombia could approve capital increase in Shareholders Board Meeting

Bancolombia podría aprobar en su junta de accionistas la realización de una ampliación de capital

Intel ID : 230370
Synopsis

Colombia-based bank Bancolombia, headquartered in Bogotá, scheduled a Shareholders Board Meeting for 30 October, to approve a capital increase, as reported by the company through a relevant fact published by Securities Commission on 13 October 2015.

Brokerage firm Casa de Bolsa explained that, if approved, this capital increase is carried out, Bancolombia would increase from COP 500bn to COP 700bn. In addition, the number of shares would increase from 1,000,000 to 1,400,000, which would represent a -28.6% dilution.
(content in spanish)

La entidad financiera Bancolombia, con sede en Bogotá, ha convocado una junta de accionistas para el próximo 30 de octubre en la que prevé la aprobación de la realización de una ampliación de capital, según ha reportado la propia compañia en un hecho relevante enviado a la Superintendencia de Valores el 13 de octubre de 2015.

La firma comisionista Casa de Bolsa ha explicado que de ser aprobado el aumento del capital autorizado de Bancolombia, la compañía pasaría de COP 500.000m a COP 700.000m, además, el número de acciones de este banco pasaría de 1.000.000 a 1.400.000, lo que representaría una dilución de -28,6%.

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Intel ID 230370
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - Grupo Bancolombia
(31 Dec 2013)

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Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.03 Commercial, Retail & Mortgage Banking
25 Financial Services / 25.01 Banking & Investment

Secondary Sectors (TTRSC)
25.01.05 Corporate, Sovereign & Trade Finance
25 Financial Services / 25.01 Banking & Investment

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