C01727-2024 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common | 2,013,409,717 | |
Preferred | 101,405,880 |
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Subject of the Disclosure |
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Board Approval of Record Date/Declaration of Cash Dividends - Series 4 (MWP4) Preferred Shares |
Background/Description of the Disclosure |
On 22 March 2024, and pursuant to the regular cash dividend declaration of Megawide Construction Corporation (the “Company”) for its Series 4 Preferred Shares (MWP4) with a payment date of 29 April of each year, the Company’s Board of Directors (“Board”) has set 12 April 2024 as the record date and 29 April 2024 as the payment date. |
Type of Securities
Date of Approval by Board of Directors | Mar 22, 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 | PhP1.325 |
Record Date | Apr 12, 2024 |
Payment Date | Apr 29, 2024 |
Source of Dividend Payment |
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The cash dividends shall be paid out of the unrestricted retained earnings of the Corporation, which are distributable as cash dividends as of 31 December 2022. |
Other Relevant Information |
None. |
Name | Teodulo Antonio San Juan |
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Designation | Corporate Secretary |