Bilyonaryo Sabin Aboitiz has jacked up hi stake in his family’s holding company, Aboitiz Equity Ventures (AEV).
READ: Sabin Aboitiz sees light at end of the tunnel as AEV earnings more than double in 9 months
Aboitiz bought a total of 290,470 AEV shares on November 19 and 22 at a price range of P49.19 and P49.82 per share.
READ: Sabin Aboitiz joins UBP buying frenzy, nabs P24M shares
AEV closed at P52 on November 24, just four percent off its 52-week high.
The AEV president and CEO has a .51 percent stake in AEV worth P1.5 billion.
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