SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C
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) May 26, 20222. SEC Identification Number 1674233. BIR Tax Identification No. 000-477-1034. Exact name of issuer as specified in its charter MEGAWORLD CORPORATION5. Province, country or other jurisdiction of incorporation Metro Manila, Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office 30th Floor, Alliance Global Tower, 36th Street cor. 11th Avenue, Uptown Bonifacio, Taguig City Postal Code16348. Issuer's telephone number, including area code (632) 8894-6300/64009. Former name or former address, if changed since last report N/A10. 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
31,718,255,872
Preferred
6,000,000,000
11. Indicate the item numbers reported herein Item 9(b)
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.
Megaworld CorporationMEG
PSE Disclosure Form 9-1 - Share Buy-Back Transactions References: Section 9 of the Revised Disclosure Rules
Subject of the Disclosure
Share Buy-Back Transactions
Background/Description of the Disclosure
Pursuant to the Corporation's buy-back program with extension approved by the Board on 22 February 2022, the Corporation purchased from the open market on 26 May 2022, a total of 150,000 common shares at the average price of Php2.7261 per share.
Type of Securities
Common
PreferredN/A
OthersN/A
Details of Share Buy-Back Transaction(s)
Date of Transaction
Number of Shares Purchased
Price Per Share
May 26, 2022
91,000
2.7300
May 26, 2022
59,000
2.7200
150,000
Effects on Number of Shares
Before
After
Outstanding Shares
31,718,405,872
31,718,255,872
Treasury Shares
652,460,000
652,610,000
Cumulative Number of Shares Purchased to Date 1
522,690,000
Total Amount Appropriated for the Buy-Back Program
Php5,000,000,000.00
Total Amount of Shares Repurchased
Php1,943,250,560.00
Other Relevant Information
None
1 From the date when the share buy-back program commenced.
Filed on behalf by:
Name
Anna Michelle Llovido
Designation
Corporate Secretary
Attachments
Original Link
Original Document
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Disclaimer
Megaworld Corporation published this content on 27 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 May 2022 07:07:22 UTC.
Megaworld Corp is a Philippines-based company engaged in property-related activities, such as project design, construction, and property management. The Companyâs real estate portfolio includes residential condominium units, subdivision lots and townhouses, condominium-hotel projects as well as office projects and retail spaces. The Companyâs segments include Real Estate, Rental, Hotel Operations and Corporate and Others. The Real Estate segment pertains to the development and sale of residential and office developments. The Rental segment includes leasing of office and commercial spaces. The Hotel Operations segment relates to the management of hotel business operations. The Companyâs subsidiaries include Prestige Hotels and Resorts, Inc. (PHRI), Richmonde Hotel Group International Ltd. (RHGI), Eastwood Cyber One Corporation, Megaworld Cebu Properties, Inc., Megaworld Newport Property Holdings, Inc., Oceantown Properties, Inc. (OPI) and Luxury Global Hotels and Leisure, Inc. (LGHLI).