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Nov 29, 2016 @ 7:06

Calata unloads 11m shares

The president, chairman and chief executive officer of agricultural firm Calata Corporation has unloaded 11 million shares of the company’s stock.

In a disclosure to the stock exchange, Calata Corp. said Joseph Calata disposed of 11 million shares at P2.90 each on November 25.

Calata shares averaged at P2.82 today, with a 52-week low of P2.67 and a 52-week high of P4.28.

The company said Joseph Calata still has over 240 million shares of the company after the transaction.


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