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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DA clears first ASF vaccine for commercial use, aiding swine recovery

The Bureau of Animal Industry has approved AVAC ASF LIVE—developed by AVAC Vietnam—as the first African Swine Fever vaccine for commercial sale in the Philippines, nearly seven years after the 2019 outbreak cut the national hog herd from 13 million to roughly 8 million heads.

Eala wins initial match in US Open via sweep

Alex Eala opened her US Open campaign in emphatic fashion.

Habagat, storm damage to agriculture tops ₱3.39B; economic impact deepens

Damage to the agriculture sector from the enhanced southwest monsoon (Habagat) and Tropical Cyclones Luis, Maymay, and Neneng has climbed past the ₱3 billion mark, rising to ₱3.39 billion as of 2 p.m. September 2, the Department of Agriculture (DA) confirmed. The figure is up from ₱2.84 billion just 30 hours earlier, at 8 a.m. September 1 — and authorities warn the total will likely rise as field assessments continue.

Former BP CEO Tony Hayward joins Prime Infra board

Prime Infrastructure Capital Inc. (Enrique K. Razon Jr., chairman) appointed ex-BP CEO Tony Hayward to its board, effective Aug 10, as it expands in the Philippines and overseas.

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