C07433-2023

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

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)
Oct 12, 2023
2. SEC Identification Number
A20003008
3. BIR Tax Identification No.
205-357-210-000
4. Exact name of issuer as specified in its charter
Max's Group, Inc.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
3/F KDC Plaza, 2212 Chino Roces Avenue, Makati City, Metro Manila Postal Code 1230
8. Issuer's telephone number, including area code
(+632) 8424 2800
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 1,036,414,624
11. Indicate the item numbers reported herein
N/A

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.

Max's Group, Inc.MAXS

PSE Disclosure Form 9-1 - Share Buy-Back Transactions References: Section 9 of the Revised Disclosure Rules

Subject of the Disclosure

Share Buyback Transactions

Background/Description of the Disclosure

Pursuant to the Share Buyback Program approved by the Board of Directors on 14 August 2023, please be informed that Max's Group, Inc. purchased on 01 September 2023, from the open market, a total of 877,600 MAXS common shares at a total price of P4,107,168.00.

Type of Securities

Details of Share Buy-Back Transaction(s)
Date of Transaction Number of Shares Purchased Price Per Share
Sep 1, 2023 877,600 4.68
877,600
Effects on Number of Shares
Before After
Outstanding Shares 1,037,292,224 1,036,414,624
Treasury Shares 49,789,800 50,667,400
Cumulative Number of Shares Purchased to Date 1 877,600
Total Amount Appropriated for the Buy-Back Program Up to P200 Million of the Company's common shares
Total Amount of Shares Repurchased PhP4,107,168.00
Other Relevant Information

On 14 August 2023, the Company’s Board of Directors approved the buy-back of its shares with a total acquisition value of up to PhP200,000,000.00. The buy-back program may be executed over several tranches for a period of one year ending on 14 August 2024.

1 From the date when the share buy-back program commenced.

Filed on behalf by:
Name Carmen Rose Basallo
Designation General Counsel and Compliance Officer