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)
Jun 29, 2023
2. SEC Identification Number
19073
3. BIR Tax Identification No.
000-288-698-000
4. Exact name of issuer as specified in its charter
First Philippine Holdings Corporation
5. Province, country or other jurisdiction of incorporation
Metro Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
6th Floor Rockwell Business Center Tower 3, Ortigas Ave., Pasig CityPostal Code1604
8. Issuer's telephone number, including area code
02-8631-8024
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
464,206,091
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.
First Philippine Holdings CorporationFPH
PSE Disclosure Form 9-1 - Share Buy-Back Transactions References: Section 9 of the Revised Disclosure Rules
Subject of the Disclosure
Share Buyback Transaction.
Background/Description of the Disclosure
The Board of First Philippine Holdings Corporation (“FPH”) approved on May 30, 2022 an extension of its common shares buy-back program from July 2022 until July 2024. This program was originally approved in July 2010 and has been extended for successive two-year periods, being scheduled to run until July 2022 before the extension.
The Board approved on July 4, 2019 an additional allotment of P5 Billion for its common shares buy-back program. This was in addition to the interim additional allotment of P750 Million approved by the Executive Committee last June 27, 2019.
As of June 29, 2023, a total of 145,443,548 shares have been bought under the program for a total cost of P9,663,071,330.00.
Type of Securities
Common
Preferred-
Others-
Details of Share Buy-Back Transaction(s)
Date of Transaction
Number of Shares Purchased
Price Per Share
Jun 29, 2023
5,115,926
60.10
5,115,926
Effects on Number of Shares
Before
After
Outstanding Shares
469,322,017
464,206,091
Treasury Shares
140,327,622
145,443,548
Cumulative Number of Shares Purchased to Date 1
145,443,548
Total Amount Appropriated for the Buy-Back Program
P11.750 Billion
Total Amount of Shares Repurchased
P9,663,071,330.00
Other Relevant Information
N/A
1 From the date when the share buy-back program commenced.