Repower bucks PSEi dip, gains on market debut

By The Manila Times

Jul 25, 2023 12:43 am

REPOWER Energy Development Corp. officially went public on Monday, July 24, trading and ending the day higher and also defying an overall stock market dip.

The firm, which raised a little over P1 billion from the sale of 230 million shares at P5 apiece, opened at P5.01 and traded as high as P5.20 before closing 0.8 percent up at P5.04.

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