Al Panlilio buys PLDT shares amid stock market slump

PLDT president and CEO Al Panlilio boosted his holdings in the telco giant as its stock dropped to a five-month low.

Panlilio bought 3,000 shares of the company on May 9, 2023, at a price range of P1,205 to P1,216. The purchase pushed his total holdings to P41 million.

PLDT’s stock price has been on a downward trend since December 2022, when the company announced an overrun in its capital expenditures.


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