Alfonso Reyno and family buy up more Manila Jockey shares
The Reyno family continued buying additional shares of Southeast Asia’s oldest racing club operator.
Based on separate reports filed with the Philippine Stock Exchange, Manila Jockey chairman and CEO Alfonso Reyno Jr. and two sons acquired a total of 3.3 million shares of the company or 1.11 million shares each on Jan 18, 19 and 22.
The Reyno patriarch acquired the shares at a price ranging from P4.19 to P4.51 per share, boosting his is shareholdings to 9.95 percent or 99.088 million shares.
Manila Jockey president and COO Alfonso Reyno III, on the other hand, increased his stake to 1.91 percent equivalent to 18.977 million shares.
Christopher Reyno, meanwhile, raised his stockholdings to 18.21 million shares or 1.83 percent of Manila Jockey.
The stock closed at P4.88 Thursday, down 4.3 percent from previous day.