Tag: Philippine Stock Exchange

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Manulife launches normal shares repurchase

Manulife has secured approval from the Toronto Stock Exchange for a normal course issuer bid, allowing the insurance company to buy back and cancel up to 42 million of its common shares. Outside Canada and the U.S., Manulife said it may undertake similar buybacks in other markets where it is listed, such as the Philippine Stock Exchange, in compliance with local regulations.

Alternergy marches forward as bell rings

Alternergy Holdings Corp. on Friday, November 21, led the bell-ringing ceremony at the Philippine Stock Exchange (PSE) to highlight its recognition as the first...

President Marcos urges SEC to fast-track reforms for capital market growth

President Ferdinand Marcos Jr. on Tuesday called on the Securities and Exchange Commission (SEC) to streamline its regulatory processes, reduce transaction costs, and accelerate reforms to support the growth of the Philippine capital market, aligning with the goals of the newly enacted Capital Market Efficiency Promotion Act (CMEPA).

It’s a go for Upson’s P4.88 billion IPO

Upson International Corp., a retailer of personal computers and information technology products, has secured the approval of the Philippine Stock Exchange (PSE) for its P4.88 billion initial public offering. 

Some share buyback programs coming to an end

A number of listed companies at the Philippine Stock Exchange have instituted share buyback programs in recent years, primarily to shore up sagging stock...

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Aznar Shipping takes family legacy public for expansion

Aznar Shipping Corp. is taking its third-generation business to the stock market to raise capital for fleet expansion while strengthening its corporate governance for long-term growth.

Child rights group backs safety bill, flags flaws

The Child Rights Network (CRN) has welcomed the latest House of Representatives version of the Children’s Social Media and Online Gaming Safety Bill, praising lawmakers for prioritizing platform accountability over a blanket social media ban.

MAP calls zero EDSA Busway budget inexplicable

The Management Association of the Philippines (MAP) has called the proposed zero budget for the EDSA Busway “inexplicable,” warning that underfunding one of Metro Manila’s busiest mass transit systems could worsen congestion and raise costs for commuters and businesses.

Top Line names Jane Gocuan chief investment officer

Top Line Business Development Corp. has appointed veteran banking executive Jane K. Gocuan as chief investment officer, effective September 18, as the company expands its focus on investment-related activities and business development.

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