On April 1, 2020, shares opened at P0.Seventy one, also their high; dropped to a low of P0.70; and closed at P0.Seventy one. The stock peaked at a 30-day high of P1.13 and fell to a 30-day low of P0.55.
Pacific Online Systems Corp. (POSC) indexed in a filing its six rather paid executives: Willy N. Ocier, chairman and president; Ma. Virginia V. Abo-Handa, director and chief financial officer; Valentino L. Kintanar, vp for technical offerings; Romeo J. Roque Jr., vice president for agent control; Ma. Concepcion T. Sangil, vice president for human sources; and Christopher C. Villaflor, vice president for vital system and community.
As POSC’s top executives, they had been paid P13,343,054 in 2019 and P15,611,747 in 2018. The organisation placed their compensation at P14,374,498 in 2020. Because Ocier is the board chairman, he turned into covered in the “total for president and four maximum highly compensated government officials.” As a collection, they have been paid P11,861,950 in 2019 and P13,880,275 in 2018. Based on business enterprise estimate, they would be paid P12,774,908 in 2020.
Short-term employee advantages totaled P27.6 million in 2019, P32.02 million in 2018 and P34.26 million in 2017. Their publish-retirement blessings had been P2.Three million in 2019, P2.33 million in 2018 and P2.50 million in 2017. In an explanatory observe, the POSC stated “the reimbursement of the institution’s key management personnel is blanketed within the personnel prices as disclosed in Note 17 of the audited monetary statements.”
On March 27, 2020, POSC common shares traded at some stage in the consultation at P1.60 on 7,000 common shares. On April 1, in addition they traded from the outlet of the consultation at the identical rate of P1.60 whilst volume become decrease at 2,000 POSC not unusual shares. The stock peaked at a 30-day high of P2.10 and fell to a 30-day low of P1.49.
Armando B. Escobar, executive vp and chief finance officer of Roxas and Co. Inc. (RCI), offered one hundred forty five,000 commonplace stocks at P1.40 each. This expanded his ownership to one,110,139 not unusual stocks, or 0.054 percent of the two,056,809,164 splendid commonplace stocks, with P1 par price, indexed at the website of the Philippine Stock Exchange (PSE).
In a separate filing, RCI stated it sold 264,000 Treasury stocks at P1.40 every on March 26, 2020. The sale improved the agency’s super to two,056,809,164 from 2,056,809,164.
A POR dated March 31, 2018 indexed RCI with 2,911,885,870 issued shares, of which 924,394,514 had been Treasury commonplace stocks, or 31.746 percentage of the issued, leaving it with 1,987,491,356 brilliant common shares.
In the POR, RCI indexed most important stockholders — SPCI Holdings Inc. And Pesan Holdings Inc. — which immediately owned 642,779,593 not unusual shares or 32.34 percent and 532,581,284 commonplace shares or 26.Eight percentage, respectively, for general ownership of one,one hundred seventy five,360,877 common shares. The public have been attributed as owning 799,a hundred and forty,430 not unusual stocks, or forty.21 percent of the great.
On March 26, 2020 RCI common stocks opened buying and selling at P1.40, hit a excessive of P1.Forty five, dropped to a low of P1.27 and closed the consultation at P1.Forty three. On March 27, the inventory opened buying and selling at P1.32, hit a excessive of P1.Forty four, dropped to a low of P1.24 and closed the session at P1.Forty two. The stock peaked at a 30-day high of P1.Sixty seven and fell to a 30-day low of P1.21.
On April 1, the firm’s common shares opened buying and selling at P1.35, hit a high of P1.Forty two, dropped to a low of P1.35 and closed the session at P1.39. The stock peaked at a 30-day high of P1.67 and fell to a 30-day low of P1.21.
Should businesses with publicly traded stocks retire their Treasury shares, instead of promoting them?
Finance buys blog 