ABS-CBN Holdings Corp. holds PDRs; ABS-CBN Corp. owns ABS-CBN, DZMM
Credit to Author: Emeterio SD. Perez| Date: Tue, 18 Feb 2020 16:20:08 +0000
ABS-CBN Holdings Corp. holds Philippine depositary receipts (PDRs) before their conversion into common shares in ABS-CBN Corp. The latter owns the ABS-CBN broadcast network and radio station DZMM, which are controlled by the Lopez family. As of Dec. 31, 2019, ABS-CBN Corp. has 883,294,529 issued common shares, of which 21,322,561 are treasury shares, according to […]
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