PHOENIX Petroleum Philippines Inc. (PNX) listed on the website of the Philippine Stock Exchange (PSE) 1,406,204,232 outstanding common shares and 1,437,204,232 common shares that are both issued and listed. The difference between issued-listed and outstanding common shares is 31 million PNX shares, which the company reported as treasury shares in a public ownership report (POR) as of Dec. 31, 2019 but posted on the PSE website on Jan. 14, 2020.
The general information statement (GIS) for 2019 showed 2.55 billion PNX common shares with P1 par value as authorized capital (ACS) of which 1,423,304,232 common and preferred shares or 55.816 percent of ACS, were held by various stockholders: 61 Filipinos, 1,180,082,621common shares, or 46.278 percent, paid P1,180,082,621 for their subscription to PNX common shares and nine for their subscription to 20 million preferred shares; and three foreigners fully paid for their subscription to 223,221,611 PNX common shares, or 15.683 percent.