C02962-2017 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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- | - |
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.
Subject of the Disclosure |
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Cash dividend declaration on the Company's Series JJ 10% Cumulative Convertible Preferred Stock |
Background/Description of the Disclosure |
Cash dividend declaration on the Company's Series JJ 10% Cumulative Convertible Preferred Stock, for the annual period ending May 31, 2017, payable on June 30, 2017 to the holders of record on June 1, 2017. |
Type of Securities
Date of Approval by Board of Directors | May 12, 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 | P1.00 per outstanding share |
Record Date | Jun 1, 2017 |
Payment Date | Jun 30, 2017 |
Source of Dividend Payment |
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The cash dividend was declared out of the audited unrestricted retained earnings of the Company as at December 31, 2016, which are sufficient to cover the total amount of dividend declared. |
Other Relevant Information |
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Name | Ma. Lourdes Rausa-Chan |
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Designation | Senior Vice President & Corporate Secretary |