C04454-2024 |
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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Aboitiz Equity Ventures Inc.’s (AEV) Share Buy-Back Transaction |
Background/Description of the Disclosure |
AEV purchased 1,007,000 of its own shares on July 2, 2024 |
Type of Securities
Before | After | |
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Outstanding Shares | 5,561,965,457 | 5,560,958,457 |
Treasury Shares | 132,634,164 | 133,641,164 |
Cumulative Number of Shares Purchased to Date 1 | 245,561,900 |
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Total Amount Appropriated for the Buy-Back Program | - |
Total Amount of Shares Repurchased | 4,147,224,707.06 |
Other Relevant Information |
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The acquisition of these shares is pursuant to the continuing authority delegated by AEV’s Board of Directors on April 25, 2024, for Management to opportunistically acquire the Company’s shares, as well as shares of Aboitiz Power Corporation and Union Bank of the Philippines when market prices dictate and using the Company’s excess cash. |
1 From the date when the share buy-back program commenced.
Name | Sammy Dave Santos |
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Designation | Senior Associate General Counsel |