20260925 Update:
At the Special Stockholders’ Meeting of COL Financial Group, Inc. (“COL” or “the Company”) held today, 25 September 2026, stockholders representing at least 2/3 of the outstanding capital stock of the Company, approved and ratified the resolutions of the Board of Directors dated 14 August 2026 to declare stock dividends as follows:
1. The stock dividend declaration is equivalent to sixty percent (60%) of the Corporation’s outstanding capital stock amounting to Three Billion Five Hundred Seventy Million (3,570,000,000) common shares with a par value of Ten Centavos (Php0.10) per share.
2. The issuance of 3,570,000,000 common shares with par value of Php0.10 per share from the authorized and unissued capital stock of the Corporation for distribution as stock dividends.
3. Fractional shares shall be paid in cash, based on the closing price on record date and computed up to two (2) decimal places.
4. The record date for entitlement to the stock dividends shall be on 20 October 2026 and the payment date shall be on 11 November 2026.
20260814 Disclosure:
The Board of Directors of COL Financial Group, Inc., in its meeting held today, 14 August 2026, approved the stock dividend declaration with the following details:
a. The stock dividend declaration is equivalent to sixty percent (60%) of the Corporation’s outstanding capital stock amounting to Three Billion Five Hundred Seventy Million (3,570,000,000) common shares with a par value of Ten Centavos (Php0.10) per share.
b. The issuance of 3,570,000,000 common shares with a par value of Php0.10 per share from the authorized and unissued capital stock of the Corporation for distribution as stock dividends.
c. Fractional shares shall be paid in cash, based on the closing price on record date and computed up to two (2) decimal places.
d. The record date for entitlement to the stock dividends shall be on 20 October 2026 and the payment date shall be on 11 November 2026.
e. The stock dividend declaration shall be submitted for approval of the stockholders representing at least two-thirds (2/3) of the outstanding capital stock of the Corporation in a special stockholders’ meeting to be held on 25 September 2026, Friday, 2:00 P.M. |