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) Apr 26, 20222. SEC Identification Number CS2003158773. BIR Tax Identification No. 226-527-9154. Exact name of issuer as specified in its charter METRO RETAIL STORES GROUP, INC.5. Province, country or other jurisdiction of incorporation Cebu, Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office Vicsal Bldg., corner of C.D. Seno and W.O. Seno Streets, Guizo, North Reclamation Area, Mandaue City, CebuPostal Code60148. Issuer's telephone number, including area code (032) 236-83909. Former name or former address, if changed since last report -10. 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
3,324,916,000
11. Indicate the item numbers reported herein 9
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.
Metro Retail Stores Group, Inc.MRSGI
PSE Disclosure Form 9-1 - Share Buy-Back Transactions References: Section 9 of the Revised Disclosure Rules
Subject of the Disclosure
Metro Retail Stores Group, Inc. Share Buy-Back Transaction
Background/Description of the Disclosure
Share Buy-Back Transaction on April 26, 2022
During the Regular Meeting of the Board of Directors of MRSGI held on January 22, 2021, the Board of Directors of MRSGI has unanimously approved the Share Buy-Back Program of the Corporation in the amount of Php 300,000,000.00
Type of Securities
Common
Preferred-
Others-
Details of Share Buy-Back Transaction(s)
Date of Transaction
Number of Shares Purchased
Price Per Share
Apr 26, 2022
499,000
1.42
Apr 26, 2022
423,000
1.43
922,000
Effects on Number of Shares
Before
After
Outstanding Shares
3,325,838,000
3,324,916,000
Treasury Shares
103,537,000
104,459,000
Cumulative Number of Shares Purchased to Date 1
104,459,000
Total Amount Appropriated for the Buy-Back Program
Php300,000,000.00
Total Amount of Shares Repurchased
Php146,494,254.00
Other Relevant Information
As a result of the share buy-back transaction made on April 26, 2022, the remaining balance of the amount for the Share Buy-back Program as of this date is Php153,505,746.00.
1 From the date when the share buy-back program commenced.
Filed on behalf by:
Name
Theresa Marie Puno-Dela Pena
Designation
Asst. Corporate Secretary and Compliance Officer
Attachments
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Metro Retail Stores Group Inc. published this content on 27 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 April 2022 23:54:03 UTC.
Metro Retail Stores Group, Inc. is a Philippines-based supermarket, hypermarket and department store operator. The Company's primary purpose is to buy, sell and trade goods, wares and merchandise of every kind and description. The Company's supermarket business is operated under two brand names, Metro Supermarket and Metro Fresh N Easy. The Metro Fresh N Easy, brand name, is used for its smaller scale supermarkets serving as neighborhood stores. Its department stores are operated under the brand, Metro Department Store. The Company's hypermarket retail format is operated under the brand, Super Metro. The Company's hypermarkets are a hybrid between its supermarkets and department stores, providing a broad assortment of basic everyday products. shopmetro.ph, its online platform for both supermarket and department store, allows shoppers to have their orders delivered at their doorstep. It has a total of approximately 62 stores, with a total net selling space of 249,824 square meter.