Bank of the Philippine Islands
PSE Circular for Brokers No. 2138-98 • Philippine Stock Exchange • Circulars for Brokers • Sep 15, 1998
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September 15, 1998 PSE CIRCULAR FOR BROKERS NO. 2138-98 SUBJECT : Bank of the Philippine Islands Bank of the Philippine Islands ("BPI") informed the Exchange that the Securities and Exchange Commission (SEC) approved on September 10, 1998 its Amended Articles of Incorporation, particularly the Amendment to Article VII, reflecting the following changes: 1. Retirement/deletion of Preferred "B" shares; and 2. Increase in authorized capital stock from P10,600,000,000 . 00 to P17,600,000,000 . 00 . Furthermore, in connection with the said increase in authorized capital stock, the SEC, in an Order of even date, fixed October 1, 1998 as the record date for the stockholders entitled to the 30% stock dividend , declared by the Board of Directors and ratified by the stockholders on April 14, 1998. LLpr STOCK DIVIDEND UPDATE STOCK 30% EX-STOCK September 25, 1998 RECORD DATE October 1, 1998 For your information. (SGD.) REYNOLD P. ONG Vice-President, Listings and Disclosure Group
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