C08362-2023 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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common | 485,310,538 |
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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Cash Dividend Declaration |
Background/Description of the Disclosure |
Please be advised that in a meeting held today, the Bank's Board of Directors, upon recommendation of Management, approved the declaration of cash dividends amounting to Php240,228,716 or Php 0.33 per share. Conformably with the rules of the Securities and Exchange Commission and the Philippine Stock Exchange, the Record Date and Payment Date shall be as follows: |
Type of Securities
Date of Approval by Board of Directors | Nov 24, 2023 |
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Other Relevant Regulatory Agency, if applicable | - |
Date of Approval by Relevant Regulatory Agency, if applicable | N/A |
Type (Regular or Special) | Special |
Amount of Cash Dividend Per Share | Php .33 |
Record Date | Dec 15, 2023 |
Payment Date | Dec 22, 2023 |
Source of Dividend Payment |
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Unrestricted Retained Earnings as of December 31, 2022 |
Other Relevant Information |
Cash dividend will be paid on the number of outstanding shares (approximately 727,965,807 common shares), as increased following the 50% stock dividend declared earlier this year. The application with the Securities and Exchange Commission on the increase in authorized capital stock of the Bank, including the stock dividend declaration, is expected to be approved within the following week. |
Name | Kristel Azucena |
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Designation | Corporate Planning and Investor Relations Officer |