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)
Aug 9, 2018
2. SEC Identification Number
52412
3. BIR Tax Identification No.
430-000-156-011
4. Exact name of issuer as specified in its charter
BELLE CORPORATION
5. Province, country or other jurisdiction of incorporation
Metro Manila
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
5/F Tower A Two E-Com Center, Palm Coast Ave., Mall of Asia Complex, Pasay CityPostal Code1300
8. Issuer's telephone number, including area code
(632) 662-8888
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
10,498,679,857
11. Indicate the item numbers reported herein
item #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.
Belle CorporationBEL
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
Belle Share Buyback Program Expansion
Background/Description of the Disclosure
Gentlemen:
Please be advised that the Board of Directors of the Corporation, in its meeting just concluded, approved Management’s recommendation to expand the Corporation’s Share Buy-back Program (originally set in place on January 27, 2015) by increasing the maximum aggregate value of the shares that can be re-acquired from One Billion Pesos (Php1,000,000,000.00) to Three Billion Pesos (Php3,000,000,000.00). The implementation of the expanded Share Buy-back Program will continue to be subject to regulatory compliances.
Thank you for your kind attention.
Very truly yours,
TRISTAN B. CHOA Vice President - Investor Relations