ALLAN R.

ALLAN R. Santos is a director of the thirteen-member board of National Reinsurance Corporation. Of the Philippines (NRCP), which includes  impartial directors, specifically Medel T. Nera and Ermilando D. Napa. Wilfredo C. Maldia heads the board as chairman at the same time as Yvonne S. Yuchengco is vice president, according to the website of the Philippine Stock Exchange (PSE).

The different administrators of NRCP’s board are Nora M. Malubay, Jocelyn DG. Cabreza, Reginaldo Anthony B. Cariaso, Antonio M. Rubin, Rafael G. Ayuste Jr., Joli Co Wu, Maria Consuelo A. Lukban and Rex Maria A. Mendoza.

Santos is also NRCP president and leader government officer. As one of the 13 administrators, Wu is the treasurer.As of Dec. 31, 2019, NRCP’s public possession report (POR) showed it having 2,181,954,600 issued shares of which 58.349 million had been treasury stocks. By deducting the variety of treasury shares from issued shares, the corporation had 2,123,605,600 incredible common stocks.

The POR indexed the authorities-owned Government Service Insurance System (GSIS) as one in all NRCP’s three primary stockholders. It indirectly owned 546,465,397 NRCP not unusual stocks, or 25.73 percentage. Mico Equities Inc. In a roundabout way held 273,716,one hundred NRCP not unusual shares, or 12.89 percent. Only Bank of the Philippine Islands (BPI) is NRCP’s direct stockholder with 290,795,500 NRCP commonplace shares, or thirteen.Sixty nine percent. The three fundamental stockholders mixed for ownership of 1,a hundred and ten,976,997 NRCP common shares, or 52.31 percentage of super.

In the POR, the organization attributed to the general public the ownership of one,011,879,three hundred NRCP not unusual stocks, or forty seven.Sixty five percent.

In a 2019 preferred data sheet (GIS), NRCP pronounced it having legal capital stock (ACS) which include handiest three billion commonplace stocks, which, while computed on P1 par value equals P3 billion. Of the ACS, 2,123,605,600 NRCP commonplace stocks had been held by 271 stockholders.

PCD Nominee was NRCP’s top record stockholder with 1,671,232,187 commonplace stocks, or seventy eight.70 percentage, observed by means of Bank of the Philippine Islands with 290,795,500 not unusual stocks, or 13.69 percent. At seventh area become additionally PCD Nominee with 10,402,610 NRCP common stocks, or 0.Forty nine percent, which the GIS labeled as “non-Filipinos.”

While BPI turned into mentioned as one among NRCP’s 3 major stockholders within the POR, the GIS also listed Philippine American Life Insurance Corp. As the holder of 8,628,600 not unusual stocks, or 0.41 percentage.

“Others” at twenty first region consisted of NRCP’s 249 last stockholders with forty three,680,503 commonplace shares, or 2.06 percentage.

The GIS additionally listed two Filipinos as holders of 820,181,497 NRCP commonplace stocks below PCD Nominee. These have been GSIS-owned 546,465,397 commonplace shares and Mico Equities with 273,716,one hundred not unusual shares.

On Feb. 7, 2020, NRCP common stocks opened buying and selling at P0.Seventy seven, which were also their high, dropped to a low of P0.75 and closed the day’s session at P0.77. The stock peaked at a 30-day high of P0.Ninety one and fell to a 30-day low of P0.Seventy two.

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