Bancolombia Authorizes Director’s Share Settlement Plan

Bancolombia (CIB) has released an update.

Bancolombia’s Board of Directors has authorized Arturo Condo, a board member, to settle his rights in the Institutional Fund managed by Protección, which predominantly invests in Bancolombia shares. This decision allows for the settlement and transfer process to proceed for contributions meeting the required holding period in 2024. The move ensures compliance with Bancolombia’s share trading procedures for directors.

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