Business

Ayala CFO Limcaoco sells P10M AC shares

A top official of Ayala Corp. has sold P10 million worth of the holding firm’s shares.

AC chief financial officer and chief risk officer Jose Teodoro Katigbak Limcaoco unloaded a total of 13,110 AC shares from April 5 to 6 at a price range of P746 to P773.

Limcaoco – who is a director of Bank of the Philippine Islands, Globe Telecom, Integrated Micro-Electronics Inc., and SSI Group – has roughly P300 million worth of AC shares left in his portfolio.

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