Inquirer
Robinsons Retail shares buy-back shows optimism on long-term growth
Robinsons Retail Holdings Inc. (RRHI) has repurchased P15.77 billion worth of its shares from DFI Retail Group, signaling confidence in its future growth.
The transaction involved 315.31 million common shares, representing a 22.2 percent stake in RRHI, purchased at P50 per share from GCH Investments Pte. Ltd, a subsidiary of DFI Retail Group.
This buyback price was at a 31.75 percent premium to RRHI's closing share price of P37.95 on Friday, May 30, 2025, but a 46.81 percent discount over DFI's original buying price of P94 in 2018.
RRHI stated that the share repurchase program underscores its belief that current market valuations do not adequately reflect the company's financial strength and long-term growth potential.
DFI Retail Group initially acquired an 18.25 percent stake in RRHI in 2018 through a share swap deal, which later increased to 22.2 percent after RRHI acquired Rose Pharmacy from DFI in 2020.
DFI Retail Group is a Hong Kong-based retail firm under the Jardines Matheson Group.
🤖
This story was generated by AI to help you understand the key points. For more detailed coverage, please see the news articles from trusted media outlets below.
News Sources
See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.