PLDT (PHI) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
PLDT Inc., in partnership with Manila Electric Company (Meralco) and Metro Pacific Investments Corporation (MPIC), has entered into separate agreements to subscribe to a significant number of additional shares in DigiCo. This strategic move aims to bolster PLDT’s position within the industry, signaling potential growth and collaboration with DigiCo. The announcement, made on September 30, 2024, reflects PLDT’s compliance with disclosure requirements of the Philippine Stock Exchange and the Securities Regulation Code.
For further insights into PHI stock, check out TipRanks’ Stock Analysis page.