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 11, 2024
2. SEC Identification Number
CS200511816
3. BIR Tax Identification No.
239-508-223-000
4. Exact name of issuer as specified in its charter
8990 Holdings, Inc.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
11F Liberty Center, 104 HV Dela Costa, Salcedo Village, Makati City, PhilippinesPostal Code1227
8. Issuer's telephone number, including area code
(632)84789659/85333915/85333917
9. Former name or former address, if changed since last report
NA
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 Shares
5,284,786,020
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.
8990 Holdings, Inc.HOUSE
PSE Disclosure Form 9-1 - Share Buy-Back Transactions References: Section 9 of the Revised Disclosure Rules
Subject of the Disclosure
HOUSE Share Buyback Transaction for 11 July 2024
Background/Description of the Disclosure
On 20 February 2024, the Board of Directors approved the expanded terms of the Company’s share buyback program of its outstanding common shares as initially approved on 01 February 2019 (“Share Buyback Program”). The amount allocated for the Share Buyback Program is up to Php7 Billion worth of common shares, for a period of up to twelve (12) months from the date of board approval (or until 20 February 2025), unless this period is otherwise extended or shortened by the Board of Directors
Type of Securities
Common
Preferred0
Others0
Details of Share Buy-Back Transaction(s)
Date of Transaction
Number of Shares Purchased
Price Per Share
Jul 11, 2024
1,900
9.49
Jul 11, 2024
5,200,000
9.50
Jul 11, 2024
5,200,000
9.50
Jul 11, 2024
1,300,000
9.50
11,701,900
Effects on Number of Shares
Before
After
Outstanding Shares
5,284,786,020
5,273,084,120
Treasury Shares
233,204,700
244,906,600
Cumulative Number of Shares Purchased to Date 1
244,906,600
Total Amount Appropriated for the Buy-Back Program
7,000,000,000.00
Total Amount of Shares Repurchased
2,930,523,218
Other Relevant Information
Remaining Shares is 5,273,084,120
1 From the date when the share buy-back program commenced.