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
5,158,436,687
11. Indicate the item numbers reported herein
9
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.
Global Ferronickel Holdings, Inc.FNI
PSE Disclosure Form 9-1 - Share Buy-Back Transactions References: Section 9 of the Revised Disclosure Rules
Subject of the Disclosure
FNI Share buyback as of August 29, 2023
Background/Description of the Disclosure
FNI's share buy-back program as disclosed on July 1, 2016, authorizes FNI to undertake buyback transactions when price per share is deemed undervalued. The authorized amount appropriated is up to 50% of the unrestricted retained earnings. The company aims to enhance shareholders' value. As per latest board approval on December 22, 2020, FNI is authorized to buyback additional 5% of the outstanding shares of the company. Pursuant to this, FNI purchased from the market today, August 29, 2023, a total of 1,500,000 FNI common shares.
Type of Securities
Common
Preferred-
Others-
Details of Share Buy-Back Transaction(s)
Date of Transaction
Number of Shares Purchased
Price Per Share
Aug 29, 2023
49,000
2.48
Aug 29, 2023
115,000
2.49
Aug 29, 2023
100,000
2.50
Aug 29, 2023
5,000
2.51
Aug 29, 2023
20,000
2.52
Aug 29, 2023
25,000
2.54
Aug 29, 2023
60,000
2.55
Aug 29, 2023
11,000
2.56
Aug 29, 2023
330,000
2.57
Aug 29, 2023
10,000
2.56
Aug 29, 2023
225,000
2.55
Aug 29, 2023
25,000
2.54
Aug 29, 2023
5,000
2.53
Aug 29, 2023
155,000
2.52
Aug 29, 2023
5,000
2.51
Aug 29, 2023
255,000
2.50
Aug 29, 2023
105,000
2.49
1,500,000
Effects on Number of Shares
Before
After
Outstanding Shares
5,159,936,687
5,158,436,687
Treasury Shares
912,420,464
913,920,464
Cumulative Number of Shares Purchased to Date 1
1,093,402,414
Total Amount Appropriated for the Buy-Back Program
-
Total Amount of Shares Repurchased
2,673,777,845
Other Relevant Information
-
1 From the date when the share buy-back program commenced.
Filed on behalf by:
Name
Eveart Grace Pomarin-Claro
Designation
Corporate Secretary and Alternate Corporate Information Officer