C00643-2025 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common Shares | 39,677,394,773 | |
Series A Preferred Shares | 8,341,500 | |
Series B Preferred Shares | 16,658,500 |
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Subject of the Disclosure |
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Declaration of Cash Dividends on Outstanding Series A Preferred Shares (ACENA) |
Background/Description of the Disclosure |
Pursuant to the 25 November 2024 approval by the Board of Directors of the schedule of the 2025 dividend declaration and payment dates for the Company’s Preferred shares, and the authority delegated by the Board of Directors to Management to confirm the sufficiency of unrestricted retained earnings, please be informed that Management confirmed today, 3 February 2025, the declaration of the 1st quarter of 2025 cash dividends on the Company’s outstanding Series A Preferred Shares at the rate of 1/4 of 7.1330% per annum equivalent to Php17.83250 per share, to be paid on 3 March 2025. |
Type of Securities
Date of Approval by Board of Directors | Nov 25, 2024 |
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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) | Regular |
Amount of Cash Dividend Per Share | Php17.83250 |
Record Date | Feb 17, 2025 |
Payment Date | Mar 3, 2025 |
Source of Dividend Payment |
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The dividend payment is from the unrestricted retained earnings of the Company as of 31 December 2024. |
Other Relevant Information |
For stockholders with enrolled accounts, the dividends will be paid by electronic transfer. For stockholders without enrolled accounts, the dividend checks will be available for pick-up starting March 3, 2025, at the Stock Transfer Service, Inc., Unit 34-D Rufino Pacific Tower, 6784 Ayala Avenue, Makati City. Stockholders may contact Mr. Michael C. Capoy at (02) 8403-2410 or (02) 8403-2412. |
Name | Dodjie Lagazo |
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Designation | General Counsel; Assistant Corporate Secretary; Compliance Officer |