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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Electric cooperatives demand energy reforms as Visayas power grid struggles 

Persistent power alerts in the Visayas have prompted the Philippine Rural Electric Cooperatives Association Inc. (PHILRECA) to call for major government-led structural reforms in the energy sector.

Nestlé PH pours nearly P500M into Batangas plant to boost chocolate drink production

Nestlé Philippines has committed nearly P500 million to expand its manufacturing facility for Chuckie chocolate drink in Tanauan City, Batangas, marking a major move to scale up output and respond to rising consumer demand.

Filinvest opens energy-efficient tech to external clients 

Filinvest Group has rolled out two key energy efficiency initiatives: an EV charging station at Festival Mall in Muntinlupa City, and broader availability of its high-efficiency district cooling systems for companies outside its portfolio.

Gov’t delivers swift aid and support for weather-hit farmers 

The Department of Agriculture (DA) and Department of Agrarian Reform (DAR) are rolling out urgent financing and recovery measures to help farmers and fisherfolk overcome hardships brought by recent habagat and typhoons.

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