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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-C
REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
INTERDEALER QUOTATION SYSTEM
FILED PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934 AND RULE 13a-17
OR 15d-17 THEREUNDER
BanPonce Corporation
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(Exact name of issuer as specified in charter)
Popular Center Building, 209 Munoz Rivera Avenue, Hato Rey, P.R. 00918
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(Address of principal executive offices)
Issuer's telephone number, including area code (787) 765-9800
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I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of 5% or more in the number
of shares outstanding:
1. Title of security Common Stock, Par Value $6.00
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2. Number of shares outstanding before the change 33,000,590
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3. Number of shares outstanding after the change 66,001,180
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4. Effective date of change July 1, 1996
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5. Method of change:
Specify method (such as merger, acquisition, exchange, distribution,
stock split, reverse split, acquisition of stock for treasury, etc.)
Stock split in the form of a stock dividend of one share for each share of
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common stock outstanding.
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Give brief description of transaction On April 26, 1996, the Board of
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Directors of BanPonce Corporation, authorized the above described stock split.
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The new shares will be distributed on July 1, 1996 to the shareholders of
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record on June 14, 1996.
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II. CHANGE IN NAME OF ISSUER
1. Name prior to change
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2. Name after change
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3. Effective date of charter amendment changing name
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4. Date of shareholder approval of change, if required
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Date May 08, 1996 /s/ Amilcar L. Jordan
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(Officer's signature & title)
Amilcar L. Jordan
Senior Vicepresident and Comptroller
