P0.80 per share Cash Dividend on Outstanding BPI Common Shares
PSE Circular for Brokers No. 2949-99 • Philippine Stock Exchange • Circulars for Brokers • Nov 18, 1999
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November 18, 1999 PSE CIRCULAR FOR BROKERS NO. 2949-99 Disclosure Department Listings & Disclosure Group 4/F Philippine Stock Exchange, Inc. PSE Center, Exchange Road Ortigas Center, Pasig City, MM RE : P0 . 80 per share Cash Dividend on Outstanding BPI Common Shares Dear Sirs: Please be informed that at its regular meeting held on 17 November 1999, the Board of Directors of the Bank of the Philippine Islands (BPI) declared a cash dividend of P0.80 per share on the total outstanding Common shares of the capital stock of BPI to Common Stockholders of record as of the 10th working day from receipt by BPI of the approval by the Bangko Sentral ng Pilipinas (BSP) of the said dividend, distributable on the 15th day from said record date. LexLib Please take note that in accordance with regulations of the BSP, which has primary and direct supervisory authority over banking institutions, the payment of the above-mentioned cash dividend will be submitted by BPI to BSP for clearance/approval. A copy of the BSP clearance/approval will be forwarded to you for your information and record as soon as we receive the same. Very truly yours, (SGD.) CARLOS B. AQUINO VP & Corporate Secretary
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