HBOS shares climb, but still below rights issue price

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HBOS shares climb, but still below rights issue price

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06-12-2008, 03:32 PM

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HBOS shares climb, but still below rights issue price

Shares in HBOS, the Halifax Bank of Scotland, are recovering on the FTSE today after shock falls yesterday saw the share price fall below the rights issue price.Share prices on June 11th had fallen to 258 pence per share, 17 pence below the rights issue price of 275.However, HBOS shares have already recovered over 5% [...]

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