PLDT Inc. shares rise 2.30% after-hours following Manila Electric's subscription deal for 594 million shares.
ByAinvest
Tuesday, Sep 2, 2025 6:34 pm ET1min read
PHI--
PLDT Inc. rose 2.30% in after-hours trading. The company entered into a subscription deal for 594 million shares with Manila Electric Co., which is an electric power distribution company. This news event is positive for PLDT Inc. as it indicates a significant investment and potential collaboration with a major player in the energy sector.

Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue

Comments
No comments yet