Bancolombia to seek shareholder approval to issue new shares

BOGOTA Mon Feb 11, 2013 8:37am EST

BOGOTA Feb 11 (Reuters) - Colombia's biggest financial entity, Bancolombia, will seek shareholder approval to issue new non-voting shares that carry a preferential dividend, the bank said in a filing with the financial regulator.

Bancolombia will make the proposal during its shareholders' meeting on March 4, the filing said.

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