First Metro Philippine Equity Exchange Traded Fund (PSE:FMETF) redeemed 100,000 shares on Monday, with settlement completed on Wednesday.
Following the redemption, the number of unissued shares increased from 16,888,740 to 16,988,740, according to a Wednesday Philippine Exchange filing.
The total issued shares decreased from 13,111,260 to 13,011,260. Outstanding shares remain unchanged at 13,011,260 after the transaction, it added.
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