PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 14.Mar.2025) — Ecopetrol S.A. completed the necessary procedures for the implementation of the Market Maker program for its common stock.
This was done with Andes Investment Group Inc., a subsidiary of the Chilean group Larraín Vial, and Valores Bancolombia S.A. Comisionista de Bolsa, Ecopetrol announced on 14 Mar. 2025 in an an official statement.
With the launch of this program, Ecopetrol aims to contribute to the improvement of trading conditions, price formation, depth, and liquidity of its shares in the local market, thereby strengthening the Colombian capital market and generating value for its shareholders, the company said.