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.

You may contact a registered broker to purchase Xurpas stocks listed in the Philippine Stock Exchange.

The last annual shareholders’ meeting was on February 21, 2024.

You may send us a message through our Contact Us section.

E-mail:

Karla Delgado

Investor Relations and Finance Officer

IR@xurpas.com

Xurpas (PSE symbol: X) is listed in the Philippine Stock Exchange with a total of 2,509,683,812 common shares outstanding.

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.

For a list of the Top 100 Stockholders of Xurpas, please click this link Xurpas Inc. – Top 100 Stockholders in 2023 and 2024.

You may refer to this link to see the shareholding structure of Xurpas Inc

Xurpas’ IPO was on December 2, 2014. The initial price offering was PhP 3.97 per share.

You may download a copy of the SEC filings from the Philippine Stock Exchange website or from our SEC Filings section.

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 2023 is Mr. Dolmar C. Montanez.