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ABA to repurchase up to Php 45 million of common stock

AbaCore Capital Holdings Inc. (PSE:ABA), a holding company with interests in various sectors such as tourism, real estate, financial services, and energy, is set to repurchase up to Php 45 million of its common stock upon the board’s approval to finalize details of the company’s buyback program.

PNB appoints Lucio Tan as Chairman Emeritus

In a significant move, bilyonaryo Lucio C. Tan has taken on the role of chairman emeritus at the Philippine National Bank, while his wife, Carmen has joined the bank’s distinguished board Advisors.