ABOITIZ Equity Ventures Inc. (AEV) is set to reacquire its own shares and buy additional ones in its energy and banking subsidiaries.
In a disclosure on Monday, AEV said its board of directors had “renewed the company’s authority” to reacquire shares using “internally generated excess cash” and purchase more shares in AboitizPower Corp. and Union Bank of the Philippines (UnionBank).
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