C00433-2024 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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COMMON | 2,989,259,518 |
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Subject of the Disclosure |
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Declaration of Cash Dividends |
Background/Description of the Disclosure |
Please be informed that the Board of Directors of Union Bank of the Philippines (“Bank”) at its meeting held on January 26, 2024, approved the declaration of a cash dividend of Php0.80 per common share in favor of all stockholders of the Bank, payable from the available unrestricted retained earnings of the Bank as of December 31, 2023. The record date for stockholders entitled to the cash dividend is February 13, 2024, and payment date is set on February 20, 2024. |
Type of Securities
Date of Approval by Board of Directors | Jan 26, 2024 |
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Other Relevant Regulatory Agency, if applicable | N/A |
Date of Approval by Relevant Regulatory Agency, if applicable | N/A |
Type (Regular or Special) | Regular |
Amount of Cash Dividend Per Share | Php0.80 |
Record Date | Feb 13, 2024 |
Payment Date | Feb 20, 2024 |
Source of Dividend Payment |
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Available unrestricted retained earnings of the Bank as of December 31, 2023 |
Other Relevant Information |
N/A |
Name | Joselito Banaag |
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Designation | Senior Vice President, General Counsel and Corporate Secretary |