Globe holds Annual Stockholders Meeting
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Globe Telecomheld its Annual Stockholders Meeting, on April 13, 2016, at the Fairmont Hotel in Makati. Globe Chairman Jaime Augusto Zobel de Ayala (second from right) reported during the event that the company in 2015 surpassed its performance in the previous year, posting new highs in service revenues, EBITDA and net profit.
The company’s remarkable performance was driven by broad-based data-driven growth across its key services, helped in part, by the consolidation of Bayan in the second half of last year, he said.
Photo above also shows (from left) Globe Director Fernando Zobel de Ayala; Globe Corporate Secretary Solomon Hermosura; and Globe President & CEO Ernest Cu.
Following its impressive performance last year, the Globe board of directors approved early this year the declaration of a first quarter cash dividend of P22 per share for holders of its common shares.
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