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June 02, 2023

UnionBank prexy beefs up shareholdings

Bankero Edwin Bautista gobbled up more than 14,000 shares of Aboitiz-led Union Bank of the Philippines for a total consideration of P1.33 million this week.

UnionBank said in a disclosure to the Philippine Stock Exchange (PSE) that Bautista spent P1.08 million to purchase 11,390 shares at P95 per share last March 14.

On March 15, the bank president and chief executive officer acquired 2,690 shares at P95 per piece, for a total consideration of P255,550.

The shares of UnionBank gained 80 centavos to close at P89.90 per share from P89.10 per shares last Wednesday.



Visa expects confidence in online payments to grow in the Philippines

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