#Latest news with #GlobeFintechBloomberg3 days agoBusinessBloombergPhilippine Fintech GCash to Split Stocks Ahead of Possible IPOThe company behind the Philippines' top mobile wallet GCash has approved a stock split to increase the number of its common shares amid plans for an initial public offering. Globe Fintech Innovations Inc. will reduce the par value of its common shares to 0.03 peso per share from 1 peso and increase the number of authorized common shares to 71.7 billion from 2.15 billion, according to shareholders Ayala Corp. and Globe Telecom Inc.
Bloomberg3 days agoBusinessBloombergPhilippine Fintech GCash to Split Stocks Ahead of Possible IPOThe company behind the Philippines' top mobile wallet GCash has approved a stock split to increase the number of its common shares amid plans for an initial public offering. Globe Fintech Innovations Inc. will reduce the par value of its common shares to 0.03 peso per share from 1 peso and increase the number of authorized common shares to 71.7 billion from 2.15 billion, according to shareholders Ayala Corp. and Globe Telecom Inc.