Friday, May 1, 2026
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Tag: preferred shares

Megawide redeems P1.5 billion in preferred shares to cut costs

Megawide Construction Corp. said Monday it redeemed P1.5 billion of maturing Series 5 preferred shares on April 17, 2026 as part of a strategy...

Top Line to raise P1.5 billion via preferred shares

Top Line Business Development Corp. (TLBDC) plans to raise as much as P1.5 billion from an issuance of preferred shares to fund its expansion...

Globe pegs dividend rates for P25-b preferred shares offer

Globe Telecom Inc. has set the initial dividend rates for its P25-billion preferred shares offering as it seeks to fund capital expenditures and debt...

Globe gets PSE nod for P25-billion preferred shares offer

The Philippine Stock Exchange (PSE) has approved Globe Telecom Inc.’s follow-on public offering of non-voting preferred shares worth up to P25 billion. The telecommunications firm...

Cirtek, Phoenix Petroleum skip paying dividends on lack of retained earnings

Listed electronics manufacturer Cirtek Holdings Philippines Corp. and oil firm Phoenix Petroleum Philippines Inc. said they remain unable to pay dividends or redeem preferred...

Globe Telecom seeks to raise up to P25 billion via preferred shares

Globe Telecom Inc. plans to raise as much as P25 billion through the issuance of non-voting preferred shares to refinance debt and fund network...

Cebu’s Top Line Business to raise fresh capital

Cebu-based fuel retailer Top Line Business Development Corp. (TOP) plans to raise fresh capital next year to fund direct fuel importation, expand its depot...

SMC raises P48.86b in share swap, offer

Conglomerate San Miguel Corp. (SMC) has raised P48.86 billion through the listing of its maiden preferred exchange offering and a new preferred shares offering...

Maynilad IPO to re-energize Philippine stock market—SB Capital

The upcoming initial public offering (IPO) of Maynilad Water Services Inc. is expected to inject fresh optimism into the local capital markets, according to...

Alternergy shareholders approve share reclassification for capital raise

Alternergy Holdings Corp. said Wednesday its shareholders unanimously approved the reclassification of 500 million common shares into new series of perpetual preferred shares in...

FDC raises P8b from preferred shares offering on strong demand

Gotianun-led Filinvest Development Corp. (FDC) successfully raised P8 billion from its inaugural preferred shares offering, driven by strong demand from both institutional and retail...

Ayala shares offering oversubscribed at P20b

Conglomerate Ayala Corp. successfully raised P20 billion from an issuance of preferred shares, which was 1.87 times oversubscribed. Philippine Stock Exchange (PSE) president and chief...

Jollibee plans to redeem P3b worth of preferred shares issued in 2021

Fastfood chain operator Jollibee Foods Corp. (JFC) said over the weekend it would redeem next month P3 billion worth of preferred shares it issued...

Jollibee reviews plans to issue preferred shares amid high rates

Fastfood chain operator Jollibee Foods Corp (JFC) is re-evaluating plans to raise P8 billion from preferred shares offering as the growth of the domestic...
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