Bilyonaryo Sabin Aboitiz pounced on a brief drop in Aboitiz Equity Ventures’ stock to further expand his stake in his family’s holding firm.
Sabin Aboitiz loads up P14.5M Aboitiz Equity Ventures shares
The AEV president and CEO bought P14.5 million worth of AEV shares at P48.90 per share on December 1 a week after the stock hit a new 52-week high of P54.20.
Sabin Aboitiz joins UBP buying frenzy, nabs P24M shares
Aboitiz now has .52 percent stake in AEV worth P1.56 billion which is double his stake of .26 percent in 2020, his first year at the company’s summit.
Sabin Aboitiz sees light at end of the tunnel as AEV earnings more than double in 9 months
Aboitiz has so far accumulated AEV stock at a price range of P41.05 to P48.90 from February to December 2021.
