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Bancolombia ( (CIB) ) has provided an update.
Bancolombia S.A. announced the formal cancellation of its Colombian subordinated bonds, as confirmed by the Colombian Superintendence of Finance. The bonds, which were fully redeemed, are no longer registered in the Colombian National Registry of Securities and Issuers. This move signifies a notable shift in Bancolombia’s financial strategy, potentially affecting its capital structure and financial operations.
More about Bancolombia
Bancolombia S.A. is a prominent financial institution based in Medellín, Colombia. It operates in the banking industry, providing a range of financial services including retail and corporate banking, treasury, and investment management, with a strong market focus in Colombia and Latin America.
Average Trading Volume: 234,890
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $7.96B
For a thorough assessment of CIB stock, go to TipRanks’ Stock Analysis page.
