Tranche Update on Robinsons Retail Holdings, Inc.'s Equity Buyback Plan announced on March 9, 2020.
May 05, 2021 at 11:57 pm EDT
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From January 1, 2021 to March 31, 2021, the company has repurchased 14,870,000 shares, representing 0.95% for PHP 860 million. With this, the company has completed the repurchase of 27,900,000 shares, representing 1.78% for PHP 1,670 million under the buyback announced on March 9, 2020.
Robinsons Retail Holdings, Inc. is a Philippines-based multiformat retailer. The Company's divisions include Supermarket, Department Store, Do-It-Yourself (DIY), Convenience Store, Drug Store and Specialty Store. The Supermarket division operates under five formats: Robinsons Supermarket, Robinsons Easymart, The Marketplace, Shopwise and No Brand. The Department Store division includes Robinsons Department Store, which offers local and international brands that are grouped into categories, such as shoes, bags and accessories (including beauty and personal care), ladies' and men's wear, children's wear, household items and others. The DIY division includes brands, such as Handyman Do it Best, True Value and True Home. The Convenience Store division operates Uncle John's, which is a 24-hour convenience store chain. The Drug Store division operates three formats: South Star Drug, Rose Pharmacy and TGP. The Specialty Store division is the lifestyle arm of the Company.
ROBINSONS RETAIL HOLDINGS, INC. 
