- Program introduces TMs and TLs to stock investing through an orientation seminar
- Purchasing of shares is facilitated through the Aboitiz Group’s broker Papa Securities
“The younger you are, the more risk you can take and the longer your horizon can be. The best returns you’re going to get are when you invest in equities.” This was AEV President & CEO Erramon Aboitiz’s response when asked for advice about making investment choices during last year’s Coffee with the President. “You make your money by concentrating your bets and with continuous investment over time, you’ll probably do well,” he added.
With a number of Aboitiz team members gaining interest in investment opportunities and, in particular, owning Aboitiz Group shares (AEV, AboitizPower, and UnionBank), Corporate HR has launched the ‘Be an Aboitiz Shareholder’ program to pave the way for them to invest in stocks.
“We brought in our partners from Papa [Securities] and we have our internal investment guru Dave to help you all understand what it’s gonna take to be an Aboitiz shareholder, what are the risks and the rewards,” said AEV Chief Human Resources Office Txabi Aboitiz as he opened the orientation seminar last April at the Taguig Corporate Center.
AEV AVP for Investor Relations Dave Valeriano discussed the Philippine Stock Exchange, Aboitiz Group stock performance over the years, and helpful tips for newbie stock investors.
Atty. Bryan Mallillin of AEV LEX covered the legalities that all Aboitiz TMs must know and understand about investing in the company. This includes insider trading or buying or selling company shares using information that is not publicly available and acquired only through one’s being an employee at the company.
‘Be an Aboitiz Shareholder’ is the latest in Corporate HR’s Financial Fitness 101 series and plans are underway for the groupwide roll out of the program. It is open to all TMs and TLs of the Aboitiz Group and conducted with Papa Securities, which has been Aboitiz’s broker since going public.