Sabin Aboitiz loads up P14.5M Aboitiz Equity Ventures shares

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.