C02279-2024 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common | 5,259,201,283 |
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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2024 BPI Executive Stock Purchase Plan |
Background/Description of the Disclosure |
Please be informed that at the regular Board Meeting of Bank of the Philippine Islands (BPI) held today, 17 April 2024, the Board approved the 2024 employee stock purchase program pursuant to the Employee Stock Purchase Plan (the “Plan”) under Article Seventh of the Bank’s Articles of Incorporation. The 2024 program authorizes the grant to qualified participants with a total allocation of up to 20,112,000 shares at a subscription price to be determined on or prior to grant date based on 15% discount to Volume Weighted Average Price (VWAP). The program is subject to the approval of the Securities and Exchange Commission (SEC) and to listing of the shares with the Philippine Stock Exchange (PSE). |
Other Relevant Information |
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Name | Maria Lourdes Gatmaytan |
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Designation | Corporate Secretary |