Axelum Resources Corp. (AXLM) reported CP Compas Pte. Ltd. as principal stockholder with direct ownership of 799,999,999 AXLM common shares, or 20.405 percent of 3,920,571,000 outstanding common shares, according to the company’s public ownership report (POR) as of Dec. 31, 2020.
In its last buyback on Feb. 4, 2021, AXLM reacquired 10.294 million common shares on Feb. 4, 2021: 6.187 million at P3.40 each; 46,000 at P3.51 each; 36,000 at P3.52 each; and 4,025 at P3.53 each. The reacquisitions reduced its outstanding to 3,898,302,000 common shares from 3,908,596,000 common shares. It earmarked P500 million for AXLM repurchase of common shares of which it had spent P285.995 million. (The PSE website for AXLM still carries 3,908,596,000 outstanding with P1 par value.)
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