ABS-CBN adjusts capital plan for new investors

ABS-CBN adjusts capital plan for new investors

ABS-CBN CORP. has adjusted its proposed capital structure ahead of planned share subscriptions from new and existing investors, while keeping its authorized capital stock increase at P4.5 billion. In a disclosure on Wednesday, ABS-CBN said its board on Sept. 8 increased the proposed number of preferred shares to 1.3 billion from 1 billion and adjusted […]

Source: BusinessWorld
https://bworldonline.com/corporate/2026/09/10/775797/abs-cbn-adjusts-capital-plan-for-new-investors/