Why did Now Corporation decide to relocate its principal office?

The company did not specify a reason but indicated the changes aim to enhance governance and operational efficiency.

Now Corporation Approves Board Changes, Appoints New Risk Chief

Q: What is NOW's current stock price?

NOW stock is trading at ₱0.59, up 49.4% over the past year but down 15.7% year-to-date.

Now Corporation (PSE:NOW) approved board-level leadership changes, appointed a new Chief Risk Officer, and approved an office relocation. The stock trades at ₱0.59, up 49.4% over the past year.

June 26, 2026

2 min read

Source: Simply Wall St.

Key Numbers

stock price

₱0.59

one year return

49.4%

ytd return

-15.7%

thirty day return

-6.3%

Now Corporation (PSE:NOW) announced that its board of directors has approved a series of leadership changes during a recent meeting. The decisions include new committee appointments, the election of a new Chief Risk Officer, and approval to relocate the company's principal office.

Leadership Changes Details

Board Committees: New members were appointed to various committees.
New Chief Risk Officer: A new risk management executive was elected.
Office Relocation: The board approved moving the company's headquarters.

Background of New Leaders

The names and backgrounds of the newly appointed individuals were not disclosed in the announcement.

Reasons for the Changes

The company stated that these changes aim to enhance governance and operational efficiency, without providing further details.

Impact on the Company

The changes are expected to improve risk management and governance structure, potentially supporting long-term stability.

Market Reaction

NOW stock is trading at ₱0.59, up 49.4% over the past year, but down 15.7% year-to-date and 6.3% over the past 30 days. These mixed returns provide context for shareholders assessing the company's direction.

Frequently Asked Questions

The board approved new committee appointments, elected a new Chief Risk Officer, and approved relocating the principal office.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.