C04597-2023 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common | 9,052,373,679 | |
Treasury | 1,217,454,300 |
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Subject of the Disclosure |
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Extension and increase in the amount allocated for the share buy-back program |
Background/Description of the Disclosure |
The Board of Directors of Alliance Global Group, Inc. (the “Company”) has approved today, 13 June 2023, to (i) extend the present buy-back program up to April 08, 2025, or an additional 12 months from the original ending period of April 08, 2024, and (ii) increase the amount allocated by the Company to implement the share buy-back program by an additional Two Billion Pesos (Php2,000,000,000.00). The extension and the increase in the allocated amount are still geared towards enhancing shareholder value. |
Other Relevant Information |
See the attached SEC Form 17-C. |
Name | Alan Quintana |
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Designation | Corporate Secretary |