The program, first launched in 2020, has been topped up over the years as the company continued to repurchase shares to support the stock price.
In 2025, the company sealed one of its largest transactions yet, re-acquiring 315.3 million shares, equivalent to 22.2 percent of the company, from GCH Investments for P15.77 billion through a special block sale.
The buyback program has now accumulated a total of 158.4 million shares worth P7.83 billion since inception, excluding the block acquisition.
RRHI, chaired by tycoon Robina Gokongwei-Pe, said president Stanley Co and chief financial officer Mylene Kasiban will continue to oversee the execution of the expanded program.
—Edited by Miguel R. Camus