TG Limcaoco sells Ayala, buys BPI shares

Bank of the Philippine Islands president and CEO Jose Teodoro “TG” K Limcaoco took time out from his busy schedule to juggle his stock portfolio.

Limcaoco shifted some of his Ayala Corp. (AC) holdings into direct shares in BPI.

Limcaoco sold 4,000 AC shares at P820 on September 30 and October 1. He then purchased 20,000 BPI shares at P81.35 on October 1.

Limcaoco, who replaced Cezar Consing in April 2021, has P339 million worth of AC and P22 million BPI shares.