C01709-2017 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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PhP1.00 | 748,933,221 |
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Subject of the Disclosure |
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Declaration of cash dividends. |
Background/Description of the Disclosure |
Declaration of a PhP0.06 per common share or 6% cash dividend on the outstanding common shares of 748,933,221 for a total amount of PhP44,935,993.26 from the Company’s unrestricted retained earnings as of December 31, 2016 to the iPeople inc. stockholders of record as of April 21, 2017. Payment date is on May 9, 2017. |
Type of Securities
Date of Approval by Board of Directors | Mar 24, 2017 |
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Other Relevant Regulatory Agency, if applicable | N/A |
Date of Approval by Relevant Regulatory Agency, if applicable | N/A |
Type (Regular or Special) | Regular |
Amount of Cash Dividend Per Share | PhP0.06 |
Record Date | Apr 21, 2017 |
Payment Date | May 9, 2017 |
Source of Dividend Payment |
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From the Company's unrestricted retained earnings as of December 31, 2016. |
Other Relevant Information |
N/A |
Name | Ma. Teresa Bautista |
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Designation | Controller |