Mynt sets GCash IPO price at P6.60 per share

Covered by 5 outlets

Reports agree

All outlets reported that Mynt Inc., the parent of GCash, set its initial public offering price at P6.60 per share, below the earlier P10 ceiling.

Drafted with AI from these 5 reports, checked and approved by a Parley editor. Approved 3 Oct, 8:14 AM.

What each outlet reported

Rappler9:13 AM

Rappler reported that GCash's IPO was priced at P6.60 per share, making it the Philippines' biggest-ever IPO.

Philstar10:34 AM

Philstar reported that a lawmaker said the P6.60 final IPO price could give more Filipinos a chance to own part of the digital economy.

Inquirer10:34 AM

Inquirer reported that Mynt set its IPO price at P6.60 per share, 34 percent below the earlier P10 ceiling.

GMA News Online10:38 AM

GMA News Online reported that Mynt set the final IPO price at P6.60 per share, which could raise about P60 billion.

Daily Tribune10:49 AM

Daily Tribune reported that GCash operator Mynt settled on P6.60 per share for its stock market debut, below its earlier P10 maximum offer price.

Excerpts courtesy of GMA Network and GMA News Online.