C02279-2017 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common Stock Outstanding (current) | 2,023,963,543 |
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.
Subject of the Disclosure |
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Declaration of Cash Dividend |
Background/Description of the Disclosure |
In the Board Meeting held today, April 20, 2017, the Board of Directors of International Container Terminal Services, Inc. (ICTSI) declared a Php2.47 cash dividend per share for stockholders of record date May 5, 2017 and shall be paid out on May 17, 2017. |
Type of Securities
Date of Approval by Board of Directors | Apr 20, 2017 |
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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 | 2.47 |
Record Date | May 5, 2017 |
Payment Date | May 17, 2017 |
Source of Dividend Payment |
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Unrestricted Retained Earnings |
Other Relevant Information |
The Board of Directors likewise approved today, April 20, 2017, the release of appropriated retained earnings in the amount of US$337,087,917.00 back to the company's unappropriated retained earnings and the appropriation of US$300,000,000.00 for additional working capital requirements of its continuing expansion projects in 2017, particularly for Manila International Container Terminal (Philippines), Operadora Portuaria Centroamericana, S.A. de C.V. (Honduras), and Victoria International Container Terminal (Australia). |
Name | Arthur Tabuena |
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Designation | Treasury Director and Head of Investor Relations |