C00965-2023 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common | 2,013,409,717 | |
Preferred | 103,626,010 |
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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Board Approval of Record Date / Declaration of Cash Dividend |
Background/Description of the Disclosure |
In the Regular Meeting of the Board of Directors of Megawide Construction Corporation (the “Corporation”) held on 6 February 2023, the Board declared cash dividends for Common Shares at PhP 0.50 per share or a total of PhP 1,006,704,858.50. The cash dividends are payable on 24 March 2023 to all common stockholders of record as of 6 March 2023. |
Type of Securities
Date of Approval by Board of Directors | Feb 6, 2023 |
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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) | Special |
Amount of Cash Dividend Per Share | PhP 0.50 |
Record Date | Mar 6, 2023 |
Payment Date | Mar 24, 2023 |
Source of Dividend Payment |
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The cash dividends shall be paid out of the unrestricted retained earnings of the Corporation, which are distributable as cash dividends as of 31 December 2022. |
Other Relevant Information |
None. |
Name | Al-Shwaid Ismael |
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Designation | Corporate Secretary |