C00066-2018 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common Shares | 132,916,229 | |
Total Debt (in Php Mn) | 127,614 |
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Subject of the Disclosure |
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Press Release -“Globe Board approves capex budget of US$850 Million for 2018” |
Background/Description of the Disclosure |
The Globe Board of Directors recently approved the Company’s cash capital expenditure (capex) budget of US$850 million for 2018, which is consistent with last year’s capex figure. More importantly, this sustained level of capex is aligned with Globe’s vision to improve internet services in the Philippines, with the goal of becoming an admired nation for having first world internet connectivity. |
Other Relevant Information |
Please refer to the relevant attachment. |
Name | Jose Mari Fajardo |
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Designation | Director |