Tranche Update on Ayala Land, Inc.'s Equity Buyback Plan announced on August 13, 2008.
April 14, 2020 at 07:28 pm EDT
Share
From October 1, 2019 to December 31, 2019, the company has repurchased 15,000,000 shares, representing 0.1% for PHP 656.25 million. With this, the company has completed the repurchase of 104,900,974 shares, representing 0.78% for PHP 1,928.25 million under the buyback announced on August 13, 2008.
Ayala Land, Inc. is a Philippines-based property developer. The Company is focused on developing integrated and mixed-use real estates. The Company operates through eight segments: Property Development, International Business, Shopping Centers, Offices, Hotels and Resorts, Construction, Property management, and Others. The Company has developed properties in the Makati CBD, Ayala Alabartg, Cebu Park District, Bonifacio Global City, and others. It has approximately 12,000 land, and 49 developed estates. The Company offers diverse portfolio of complementary businesses primarily in the development of residential, office, commercial, and industrial properties for sale, as well as commercial leasing through shopping centers, offices, hotels, resorts, factory buildings, warehouses, co-living, and co-working spaces. Its brands include Ayalaland Premier, Alveo, Avida, Amaia, and BellaVita. The Company's subsidiaries include Alveo Land Corporation, Serendra, Inc., and others.
AYALA LAND, INC. 
