C02816-2017 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common Shares | 1,856,952,746 |
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Subject of the Disclosure |
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Declaration of Cash Dividends |
Background/Description of the Disclosure |
On May 8, 2017, the Board of Directors of Xurpas Inc. ("Xurpas") approved the declaration of cash dividends in the amount of Php92,847,637.30, or Php0.05 per share in favor of Xurpas' common stockholders of record as of May 23, 2017, payable on or before June 15, 2017. |
Type of Securities
Date of Approval by Board of Directors | May 8, 2017 |
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Other Relevant Regulatory Agency, if applicable | Not Applicable |
Date of Approval by Relevant Regulatory Agency, if applicable | N/A |
Type (Regular or Special) | Regular |
Amount of Cash Dividend Per Share | Php0.05 |
Record Date | May 23, 2017 |
Payment Date | Jun 15, 2017 |
Source of Dividend Payment |
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Approximately 31% of Xurpas' Net Income for the year ended December 31, 2016. |
Other Relevant Information |
N/A |
Name | Mark Gorriceta |
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Designation | Assistant Chief Information Officer |