EPISODE #83: Selling My First Stock - Pepsi PH to Delist from the PSE - Peso Smart PH

Peso Smart PH: Investing in the Philippines

English - September 19, 2020 05:00 - 15 minutes - 21.9 MB - ★★★★★ - 1 rating
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Back in June, Pepsi Cola Products Philippines' stock got suspended from trading as the company was acquired by Lotte by tendering the companies shares. The public float level of the company dipped into 2.1% and last week, their board of directors finally announced that PIP will formally delist from the Philippine Stock Exchange this December. Another round of tender offer will be made for ₱1.95 per share. So if ever you own Pepsi stocks, it's time to let it go.

Question of the day: “What was the first stock that you bought?"

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