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The latest update is out from Bancolombia ( (CIB) ).
On January 28, 2025, Bancolombia S.A. announced a call for an Ordinary General Shareholders’ Meeting on March 14, 2025, to discuss corporate structure changes aimed at forming a new holding company, Grupo Cibest S.A. This move is part of a broader strategy to modify its corporate structure with the necessary approvals already obtained from relevant authorities in El Salvador, Guatemala, and Panama. These changes are pivotal for Bancolombia as they aim to enhance operational efficiency and strengthen their market positioning.
More about Bancolombia
Bancolombia S.A. is a leading financial institution based in Medellín, Colombia, primarily engaged in providing a wide range of banking services including retail, corporate, and investment banking. It focuses on serving customers across Colombia and has a significant presence in the Latin American market.
YTD Price Performance: 14.04%
Average Trading Volume: 264,364
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $8.83B
Find detailed analytics on CIB stock on TipRanks’ Stock Analysis page.
