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​Shares Program

ISA Acciones para todos 

"ISA, Shares for All" was the first shares purchase program in government enterprises to open the door to common Colombians, enabling them to find an opportunity for safe investment by purchasing company shares.


The first mass issue of shares took place from November 27 to December 20, 2000. A total of 115 million shares were issued to 62,016 individuals and corporate investors, which represented 13.62% of the purchase. ISA's preferred shares were listed on the three Colombian exchanges, and trading began on February 9, 2001.


The second issuance of preferred shares took place from April 25 to May 10, 2002. A total of 120 million shares were issued to 47,746 Colombians, of which 32% were already ISA shareholders. After these first two issuances, the others were made through Book Building (in 2007 and 2009). In this methodology, the market sets the price of the stock through bids.


 Find out more about the Shares Program PDF


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