C07130-2022 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
---|---|---|
Common Shares | 7,266,573,061 | |
Fixed Rate Bonds | 10,000,000,000 |
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Subject of the Disclosure |
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Converge ICT - Share Buy-back Program |
Background/Description of the Disclosure |
On September 22, 2022, the Board of Directors of Converge Information and Communications Technology Solutions, Inc. (the “Company”), as part of its objective to increase shareholder value and to demonstrate confidence in the Company’s fundamental value, business, and prospects, approved a share buy-back program to acquire common shares of the Company up to the amount of One Billion Five Hundred Million Pesos (PHP1,500,000,000). |
Other Relevant Information |
Please see attached SEC Form 17-C for the full disclosure. |
Name | Owen Kieffer Ocampo |
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Designation | Investor Relations Director |