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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): April 23, 1998
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POPULAR, INC.
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(Exact name of registrant as specified in its charter)
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COMMONWEALTH OF PUERTO RICO NO. 0-13818 NO.66-0416582
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(State or other jurisdiction of incorporation) (Commission (IRS Employer
File Number) Identification No.)
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209 MUNOZ RIVERA AVENUE
HATO REY, PUERTO RICO 00918
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (787) 765-9800
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(Former name or former address, if changed since last report)
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Item 5. Other Events
On April 23, 1998, Popular, Inc. (the "Corporation") announced by way
of a news release, that the Board of Directors authorized a stock split in the
form of a dividend of one share for each share outstanding, bringing total
outstanding shares to 135,497,786. The new shares will be distributed on July
1, 1998, to the shareholders of record on June 12, 1998. A copy of the
Corporation's release, dated April 23, 1998, is attached hereto as Exhibit
99(a) and is hereby incorporated by reference.
Item 7. Financial Statement, Pro Forma Financial Information and Exhibits
(c) Exhibits
99(a) News release, dated April 23, 1998, announcing the Corporation stock
split.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
POPULAR, INC.
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(Registrant)
Date: April 24, 1998 By: /s/ Amilcar L. Jordan
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Name: Amilcar L. Jordan, Esq.
Title: Senior Vice President and
Comptroller
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Exhibit Index
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Exhibit Number Description
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99(a) News release, dated April 23, 1998
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(Popular Letterhead)
EXHIBIT 99(a)
For additional information, please contact:
Mr. Jorge A. Junquera
Senior Executive Vice President
Telephone: (787) 754-1685
April 23, 1998
NEWS RELEASE
POPULAR, INC. ANNOUNCES STOCK SPLIT
The Board of Directors of Popular, Inc., at its meeting held today,
authorized a stock split in the form of a dividend of one share for each share
outstanding, bringing total outstanding shares to 135,497,786. The new shares
will be distributed on July 1, 1998, to the shareholders of record on June 12,
1998.
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