Tony Tan Caktiong dumps P150 million Jollibee shares
Tony Tan Caktiong dumps P150 million Jollibee shares as fast food giant nears 52-week high
Jollibee
Ultra bilyonaryo Tony Tan Caktiong got himself some pocket change after cashing in a tiny bit of his holdings in Jollibee Foods Corp. (JFC).
Jollibee CEO Ato Tanmantiong and wife Susan unload P217M shares amid strong foreign buying
Tan Caktiong sold a total of 608,000 JFC shares at a price range of P245 to P250.80 on January 13, 16 and 19. JFC has gained seven percent since the start of 2023 on the back of aggressive foreign buying which pushed the stock near its 52-week high of P259.60.
Tony Tan Caktiong, brother Ernesto buy P46M Jollibee shares at 31% discount
The JFC chairman’s brother, JFC president and CEO Ernesto Tanmantiong, also sold P217 million shares (including those owned by his wife Susan) on January 13.
Tony Tan Caktiong, brother Ernesto gobble up P81M Jollibee shares in stock option plan
Tan Caktiong still has the single biggest stake in JFC with 61.769 million shares or P15.133 billion.
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