Analysts said the purchases should help the health care sector, down 8.9 percent since July 17, rebound soon.
This purchase helped Union Bank become one of the larger private banks in the country.
Those purchases, made at the close, helped push up prices.
The purchase has not helped the stock, which trades at about 4, down from more than 13 in mid-1986.
Currency traders said the purchases would help keep rates from rising.
Your purchase will also help keep the island's unique craft industry alive.
The report says the purchase of 250 acres for an estimated $1.4 million will help to relieve the pollution problem.
As for the stock, big purchases have helped push it higher.
Those purchases put money into circulation and helped lower short-term rates slightly.
"The purchase will help me to grow and increase my share of the market," he said.