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Greg Yu is P31M richer after cashing in on DITO’s record-breaking week

Bilyonaryo Greg Yu booked P31 million in gains after riding on last week’s spike in share prices of Dito Telecommunity.

READ: Greg Yu unloads P35M DITO shares in selling spree before New Year

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.

READ: Nearly P40M windfall: Greg Yu strikes gold, sells millions of Dito shares at peak price

DITO breached the P16 mark for the first time on the same day. DITO closed at P17.36 Friday.

READ: Greg Yu selling spree continues: Mercedes importer dumps over 2M shares of DITO

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.

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