THE website of the Philippine Stock Exchange (PSE) shows the following data about itself: It has 73,430,409 issued shares which are all listed, of which 73,330,397 are outstanding. It claims to have a free float of 89.61 percent. In a public ownership report as of June 30, 2014, which was signed by Joel S. Cruz and Walter R. Briones, operations officer and operations manager, respectively, PSE listed San Miguel Corporation Retirement Fund (SMCRF) as the principal stockholder, owning 7,555,200 shares or 10.3 percent of outstanding shares

Insiders hold a total of 52,008 PSE shares—which PSE classifies as non-public—of which 8,245 shares are owned by 15 directors and 43,754 shares by 12 members of the management team. Together with SMCRF’s 7,555,200 shares, PSE has a total of 7,615,453 non-public shares, making the public the controlling or majority stockholders with 65,714,937 shares or 89.61 percent of the total.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details