Max's Group, Inc. announces an Equity Buyback for PHP 200 million worth of its shares.
October 12, 2023 at 03:47 am EDT
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Max's Group, Inc. (PSE:MAXS) announces a share repurchase program. Under the program, the company will repurchase up to PHP 200 million worth of its shares. The program is valid till August 14, 2024.
As of October 12, 2023, the company had 1,036,414,624 shares outstanding.
Maxâs Group, Inc. is a Philippines-based company, which is primarily engaged in the business of catering food and establishing, operating and maintaining restaurants, coffee shops, refreshments parlors and cocktail lounges. The Companyâs primary purpose also includes dealing in the business of acquiring and developing any and all trade names, brand names and master franchises, including other intellectual property rights necessary to commence and operate the relevant business enterprises, as well as to grant the use of such trade names, brand names and master franchises for and in consideration of the payment of fees and royalties, and in connection therewith, establish management services for the expansion of the business enterprises. The Company operates under the trade names Maxâs or Maxâs Restaurant, Pancake House, Yellow Cab, Krispy Kreme, Jamba Juice, Maxâs Corner Bakeshop, Dencioâs, Maxâs Kabisera, Teriyaki Boy, Singkit, Sizzlinâ Steak, Le Coeur de France, and Maple.
MAX'S GROUP, INC. 
