Equity analysts on Thursday said that the recent purchases of more RCBC shares by its major shareholders were aimed at salvaging the bank’s battered valuation amid its alleged involvement in the money laundering controversy.
On Thursday, RCBC closed at P31.50 per share, significantly lower than the P45.70 per share a year ago.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.