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RRHI Buys Back Stake From Minority Shareholder for P15.77 B
The Philippine Star
|May 31, 2025
Gokongwei-owned Robinsons Retail Holdings Inc. (RRHI) has bought back shares held by GCH Investments Pte. Ltd. in the company for P15.77 billion.
In a stock exchange filing, RRHI said it has reacquired 315.31 million common shares, representing 22.2 percent of common shares belonging to GCH, at P50 apiece under a special block sale.
RRHI, whose share price closed at P36.70 apiece on May 29, said the buyback transaction is a strategic move to optimize capital allocation and create more value for its stakeholders.
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