Ecopetrol S.A. announced the completion of necessary procedures for the implementation of its Market Maker program for common stock on the Colombian Stock Exchange. The program began on March 3, 2025, through Andes Investment Group Inc.
Valores Bancolombia S.A. Comisionista de Bolsa commenced its participation in the program on Friday, March 14, 2025, following authorization from the Colombian Stock Exchange. This program is set for a 12-month period.
The Market Maker program aims to improve trading conditions, price formation, depth, and liquidity of Ecopetrol's shares in the local market. This initiative is expected to strengthen the Colombian capital market and generate value for shareholders.
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