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)
Dec 8, 2016
2. SEC Identification Number
A200110402
3. BIR Tax Identification No.
213-054-503
4. Exact name of issuer as specified in its charter
SBS PHILIPPINES CORPORATION
5. Province, country or other jurisdiction of incorporation
PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
10 RESTHAVEN STREET, SAN FRANCISCO DEL MONTE, QUEZON CITYPostal Code1105
8. Issuer's telephone number, including area code
(02) 371 1111
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 SHARES
1,200,000,000
11. Indicate the item numbers reported herein
Item 9: Other matters
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.
SBS Philippines CorporationSBS
PSE Disclosure Form 9-1 - Share Buy-Back Transactions References: Section 9 of the Revised Disclosure Rules
Subject of the Disclosure
Share buyback Transactions of December 8, 2016
Background/Description of the Disclosure
In accordance with the Share Buyback Mandate approved by the Company's Board of Directors on 8 November 2016, the Company purchased a total of 81,400 Company shares on December 8, 2016 at an average price of 5.34 per share.
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
Dec 8, 2016
33,400
5.29
Dec 8, 2016
48,000
5.37
81,400
Effects on Number of Shares
Before
After
Outstanding Shares
1,197,166,000
1,197,084,600
Treasury Shares
2,834,000
2,915,400
Cumulative Number of Shares Purchased to Date 1
2,915,400
Total Amount Appropriated for the Buy-Back Program
PhP 200,000,000.00
Total Amount of Shares Repurchased
PhP 15,631,381.00*
Other Relevant Information
*Total amount of shares repurchased excludes taxes, fees and commission.
1 From the date when the share buy-back program commenced.