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)
Feb 17, 2025
2. SEC Identification Number
154675
3. BIR Tax Identification No.
948-229-000
4. Exact name of issuer as specified in its charter
CEBU AIR, INC.
5. Province, country or other jurisdiction of incorporation
Cebu City, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Basement 2 - R 01 - 02, Robinsons Galleria Cebu, General Maxilom corner S. Osmena Boulevard, Barangay Tejera, Cebu CityPostal Code6000
8. Issuer's telephone number, including area code
09990408436
9. Former name or former address, if changed since last report
N/A
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
623,848,833
Convertible Preferred
309,471,601
11. Indicate the item numbers reported herein
10
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.
Cebu Air, Inc.CEB
PSE Disclosure Form 9-1 - Share Buy-Back Transactions References: Section 9 of the Revised Disclosure Rules
Subject of the Disclosure
Cebu Air, Inc. ("CEB") Share Buyback Transactions
Background/Description of the Disclosure
CEB's share buyback on 17 February 2025
Type of Securities
Common
PreferredN/A
OthersN/A
Details of Share Buy-Back Transaction(s)
Date of Transaction
Number of Shares Purchased
Price Per Share
Feb 17, 2025
8,000
29.90
Feb 17, 2025
5,100
29.80
Feb 17, 2025
2,300
29.70
Feb 17, 2025
5,900
29.65
Feb 17, 2025
6,300
29.60
Feb 17, 2025
500
29.55
Feb 17, 2025
2,000
29.45
Feb 17, 2025
17,000
29.40
Feb 17, 2025
25,300
29.35
Feb 17, 2025
2,000
29.30
Feb 17, 2025
100
29.05
Feb 17, 2025
35,200
29.00
Feb 17, 2025
200
28.90
Feb 17, 2025
23,100
28.60
133,000
Effects on Number of Shares
Before
After
Outstanding Shares
623,848,833
623,715,833
Treasury Shares
13,853,650
13,986,650
Cumulative Number of Shares Purchased to Date 1
1,066,800
Total Amount Appropriated for the Buy-Back Program
Php 2,000,000,000
Total Amount of Shares Repurchased
Php30,602,265.00
Other Relevant Information
The Company has secured a new allotment of Php2,000,000,000.00 under the recently approved buyback program as approved by the board last November 13, 2024. Consequently, shares acquired under the previous buyback program is excluded from this calculation.
As a result of buyback made on 17 February 2025, the remaining balance of the amount for the buyback as of this date is Php1,969,397,735.
1 From the date when the share buy-back program commenced.