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                    [Summary] => Media giant ABS-CBN Broadcasting Corp. will buy back from the market about P4-billion worth of its common shares and Philippine Depository Receipts (PDRs) to consolidate its holdings and to provide benefits to its employees.


"The company plans to acquire up to 10 million shares or PDRs, which will be used for the employees’ stock option plan," ABS vice president and chief financial officer Randolph Estrellano told the Philippine Stock Exchange.


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                    [Title] => ABS-CBN to buy back  P4-B shares, PDRs
                    [Summary] => Media giant ABS-CBN Broadcasting Corp. will buy back from the market about P4-billion worth of its common shares and Philippine Depository Receipts (PDRs) to consolidate its holdings and to provide benefits to its employees.


"The company plans to acquire up to 10 million shares or PDRs, which will be used for the employees’ stock option plan," ABS vice president and chief financial officer Randolph Estrellano told the Philippine Stock Exchange.


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RANDOLPH ESTRELLANO

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                    [Title] => ABS-CBN to buy back  P4-B shares, PDRs
                    [Summary] => Media giant ABS-CBN Broadcasting Corp. will buy back from the market about P4-billion worth of its common shares and Philippine Depository Receipts (PDRs) to consolidate its holdings and to provide benefits to its employees.


"The company plans to acquire up to 10 million shares or PDRs, which will be used for the employees’ stock option plan," ABS vice president and chief financial officer Randolph Estrellano told the Philippine Stock Exchange.


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                    [Title] => ABS-CBN to buy back  P4-B shares, PDRs
                    [Summary] => Media giant ABS-CBN Broadcasting Corp. will buy back from the market about P4-billion worth of its common shares and Philippine Depository Receipts (PDRs) to consolidate its holdings and to provide benefits to its employees.


"The company plans to acquire up to 10 million shares or PDRs, which will be used for the employees’ stock option plan," ABS vice president and chief financial officer Randolph Estrellano told the Philippine Stock Exchange.


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abtest

ABS-CBN to buy back P4-B shares, PDRs

April 24, 2001 - 12:00am

Media giant ABS-CBN Broadcasting Corp. will buy back from the market about P4-billion worth of its common shares and Philippine Depository Receipts (PDRs) to consolidate its holdings and to provide benefits to its...

Business

ABS-CBN to buy back P4-B shares, PDRs

April 24, 2001 - 12:00am

Media giant ABS-CBN Broadcasting Corp. will buy back from the market about P4-billion worth of its common shares and Philippine Depository Receipts (PDRs) to consolidate its holdings and to provide benefits to its...

Business