Xurpas Inc.’s Investor Relations Program is monitored and led by our Investor Relations Officer, Ms. Karla Delgado, who has the responsibility of ensuring accurate and timely communication of information, including access to the official announcements, disclosures and market sensitive information, relating to the Company.
As the listed company in the Small, Medium and Emerging Board of the Philippine Stock Exchange (“PSE”), we comply with the reported requirements of the PSE and Securities and Exchange Commision (“SEC”) to provide the investing public an accurate assessment of the Company’s financial performance and forecasts. We timely disclose our financial results through the filing of the Quarterly Report (SEC Form 17-Q) and year-end financial statements (SEC Form 17-A), which includes a detailed management discussion and analysis. Our financial reporting disclosures are in compliance with the PSE and SEC requisites.
We also ensure our compliance with the applicable law, rules, and regulations prescribed by the SEC and the PSE. Any market-sensitive information is immediately disclosed to the SEC and PSE and then released through various modes of communication (i.e. press release and company website).
The company website is regularly reviewed and maintained. The Company aims that the company website be an effective channel for the Company;s directors and officers to communicate to its shareholders and other stakeholders.
How can I get the current Xurpas stock price?
Xurpas’ common stock is listed and traded on the Philippine Stock Exchange under the symbol “X”.
Does Xurpas pay dividends?
On May 8, 2017, the Board of Directors of Xurpas Inc. approved the declaration of cash dividends in the amount of Php92,847,637.30, or Php0.05 per share in favor of Xurpas’ common stockholders of record as of May 23, 2017, payable on or before June 15, 2017.
How do I buy stocks of Xurpas?
You may contact a registered broker to purchase Xurpas stocks listed in the Philippine Stock Exchange.
When was the last annual shareholders meeting?
The last annual shareholders’ meeting was on August 11, 2021.
Who do I contact for additional information on the Company?
You may send us a message through our Contact Us section.
Investor Relations and Finance Officer
How many total outstanding shares does Xurpas have?
Xurpas (PSE symbol: X) is listed in the Philippine Stock Exchange with a total of 1,872,796,877 common shares outstanding.
What is the dividend policy of Xurpas?
The Company has adopted a dividend policy pursuant to which stockholders may be entitled to receive, upon declaration by the Company’s Board of Directors and subject to the availability of the unrestricted retained earnings, dividends equivalent to at least 30% of the prior year’s net income after tax based on the Company’s audited consolidated financial statements as of such year, except when: (i) justified by definite corporate expansion projects or programs approved by the Board; or (ii) when the Company is prohibited under any loan agreement with any financial institution or creditor, whether local or foreign, from declaring dividends without its consent, and such consent has not been secured; or (iii) when it can be clearly shown that retention of earnings is necessary under special circumstances obtaining in the Company, such as when there is a need for special reserves for probable contingencies.
The Company cannot provide assurance that it will pay any dividends in the future. In making a decision to declare dividends, the Board may consider various factors including the Company’s cash, gearing, return on equity and retained earnings, the results of its operations or the Company’s financial condition at the end of the year and such other factors as the Board may deem appropriate. The Company’s Board may, at any time, modify such dividend payout ratio depending upon the results of operations and future projects and plans of the Company.
Who are the Top 100 Stockholders of Xurpas?
For a list of the Top 100 Stockholders of Xurpas, please click this link Xurpas Inc. – Top 100 Stockholders in 2019 and 2020.
What is the shareholding structure of Xurpas Inc?
You may refer to this link to see the shareholding structure of Xurpas Inc
When was Xurpas incorporated?
Xurpas was incorporated on November 26, 2001.
What were the details of the IPO of Xurpas?
Xurpas’ IPO was on December 2, 2014. The initial price offering was PhP 3.97 per share.
How do I get a copy of the earnings report?
You may download a copy of the earnings report from the Philippine Stock Exchange website or from our Financial Information section.
How can I get a copy of the SEC Filings?
You may download a copy of the SEC filings from the Philippine Stock Exchange website or from our SEC Filings section.
Who is the external auditor of Xurpas?
SyCip, Gorres, Velayo & Company (“SGV”) has been its external auditor since 2008. SGV is in compliance with the SRC requirement of rotating the handling partner every five consecutive years. The engagement partner who conducted the audit for the calendar year 2020 is Mr. Dolmar C. Montañez.
The Board approved the re-appointment of SGV as the Company’s external auditor for 2021. The re-appointment of the SGV was presented and approved in the annual stockholders’ meeting held on August 11, 2021.