PSE to reclassify 13 listed firms by January 5

The Philippine Stock Exchange (PSE) will reclassify 13 listed companies into new sectors and subsectors effective Jan. 5.

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In a circular issued on Friday last week, the local bourse said the reclassification "is in consideration of corporate developments disclosed to the Exchange as well as the result of a review of the companies' financial statements for the years 2022 to 2024 and the latest quarterly report for 2025."

Under the PSE Sector Classification Guide, a listed company is assigned to the sector and subsector that account for at least 60% of its revenue.

ATN Holdings, Inc. (ATN) will be placed under the industrial sector’s construction, infrastructure and allied services subsector, from holding firms.