AEV Buys UBP Stake
Aboitiz Equity Ventures, Inc. (AEV) bought 2,103,242 common shares of Union Bank of the Philippines (UBP) at a price of Php 125.00 per share.
The Securities and Exchange Commission approved the plan of Filinvest Development Corporation (FDC) to sell Php 7 billion worth of fixed-rate bonds with an overallotment option of up to Php 3 billion. Php 3.25 billion of the proceeds will be used to partially invest in a 405-megawatt coal-fired power plant in Misamis Oriental.
LOTO Share Buyback Transactions
Pacific Online Systems Corporation (LOTO) repurchased a total of 15,800 shares from the market last Monday, December 23. 4,800 shares were bought back at a purchase price Php 15.26 apiece, 10,000 shares at Php 15.28 apiece, and 1,000 shares at Php 15.70 apiece.
PSE All Shares
Close : 3,592.96
Volume : 658,632,426
Value : 5,260,963,207.96
Foreign Buying = Php 2,960,052,686.07
Foreign Selling = Php 3,023,137,710.40
Net Foreign Selling = Php 63,085,024.33
Total Foreign = Php 5,983,190,396.47