Uniglory Cycle Industries Limited, a corporate director of listed Prime Bank PLC, has announced plans to purchase shares of the bank.
According to Dhaka Stock Exchange (DSE) sources, the company will buy 1,515,660 shares of Prime Bank through the block market at the prevailing market price.
The share purchase is scheduled to be completed by October 29, 2026, according to the company’s announcement.
Based on Prime Bank’s current market price of Tk 28.20 per share, the total market value of the proposed purchase stands at approximately Tk 4.27 crore. The transaction will be carried out through the DSE.
