SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C
CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER
- 1. Date of Report (Date of earliest event reported)
- Feb 1, 2017
- 2. SEC Identification Number
- A200110402
- 3. BIR Tax Identification No.
- 213-054-503
- 4. Exact name of issuer as specified in its charter
- SBS PHILIPPINES CORPORATION
- 5. Province, country or other jurisdiction of incorporation
- PHILIPPINES
- 6. Industry Classification Code(SEC Use Only)
- 7. Address of principal office
- 10 RESTHAVEN STREET, SAN FRANCISCO DEL MONTE, QUEZON CITY Postal Code 1105
- 8. Issuer's telephone number, including area code
- (02) 371-1111
- 9. Former name or former address, if changed since last report
- N/A
- 10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
-
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding COMMON SHARE 1,182,020,500 - 11. Indicate the item numbers reported herein
- Item 9: Other Matters
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
SBS Philippines CorporationSBS
PSE Disclosure Form 9-1 - Share Buy-Back Transactions References: Section 9 of the Revised Disclosure Rules
| Subject of the Disclosure |
|---|
Share buyback transactions of February 1, 2017 |
| Background/Description of the Disclosure |
In accordance with the Share Buyback Mandate approved by the Company's Board of Directors on 8 of November 2016, the Company purchased a total of 12,980,100 Company shares on February 1, 2017 at an average price of PhP 6.91. |
Type of Securities
- Common
- PreferredN/A
- OthersN/A
| Before | After | |
|---|---|---|
| Outstanding Shares | 1,182,020,500 | 1,169,040,400 |
| Treasury Shares | 17,979,500 | 30,959,600 |
| Cumulative Number of Shares Purchased to Date 1 | 30,959,600 |
|---|---|
| Total Amount Appropriated for the Buy-Back Program | PhP 200,000,000.00 |
| Total Amount of Shares Repurchased | PhP 198,948,938 |
| Other Relevant Information |
|---|
*Total amount of shares repurchased excludes taxes, fees and commission |
1 From the date when the share buy-back program commenced.
| Name | Sabrina Adamelle Poon-Sytengco |
|---|---|
| Designation | Corporate Information Officer and Investor Relation Officer |