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)

Jul 12, 2018

2. SEC Identification Number

19073

3. BIR Tax Identification No.

000-288-698-000

4. Exact name of issuer as specified in its charter

First Philippine Holdings Corporation

5. Province, country or other jurisdiction of incorporation

Metro Manila, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

6th Floor Rockwell Business Center Tower 3, Ortigas Avenue, Pasig City Postal Code 1604

8. Issuer's telephone number, including area code

2-6318024

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	549,592,239
Preferred Redeemable	3,600,000

11. Indicate the item numbers reported herein

9

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.

First Philippine Holdings CorporationFPH

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Board approval on the extension of FPH's shares buy-back program
Background/Description of the Disclosure
The Board of Directors approved today the extension of First Philippine Holdings Corporation’s (“FPH”) common shares buy-back program from July 2018 to July 2020 for up to P6.0 Billion. The original program was approved by the Board on July 8, 2010 and has been extended thrice up to this year. About P3.634 Billion worth of shares has been purchased out of the P6.0 Billion previously approved by the Board for this purpose. As previously disclosed, the program is intended to strike a balance between enhancing the company’s capital structure and the ability to fund future growth and investments. Buyback transactions will be triggered if the company stock is substantially undervalued, when there is high volatility in share prices or in any instance where a buyback should serve to improve shareholder value. To be sure, FPH will also be mindful of the need to maintain the liquidity of its stock in the market.
Other Relevant Information
N/A