The DITO director and Auto Nation Group chairman sold two million DITO shares on 8 February 2021 at an average price of P15.50 each.
DITO breached the P16 mark for the first time on the same day. DITO closed at P17.36 Friday.
The former trustee of the Government Service Insurance System still has P434 million worth of DITO shares left.
DITO CFO Joseph John Ong also took advantage of DITO’s record -breaking week. Ong disposed off 50,000 shares at a price range of P15.128 to P16.3733 per share.