Robinsons Retail Holdings Board Approves Plan to Remove Shares from Stock Exchange

Robinsons Retail Holdings Board Approves Plan to Remove Shares from Stock Exchange

Robinsons Retail Holdings, Inc. (RRHI), one of the major retail companies in the Philippines, announced on March 27, 2026 that its Board of Directors has approved a plan to voluntarily delist its shares from the Philippine Stock Exchange (PSE). This means the company wants to remove its shares from being traded publicly on the stock market.

What Does This Mean?

Think of the stock exchange like a big marketplace where people can buy and sell pieces of companies (called shares). Right now, anyone can buy shares of Robinsons Retail on this marketplace. But the company has decided it wants to leave this marketplace and become a private company instead.

Why Is This Happening?

JE Holdings, Inc., which is already the biggest shareholder (meaning they own the most shares) of Robinsons Retail, wants to buy all the remaining shares from other shareholders. JE Holdings is a Philippine holding company that already controls a large part of RRHI.

According to Stanley C. Co, President and CEO of RRHI, while the company is doing well and has good long-term plans, the stock market price hasn’t been showing the true value of the company. He explained that because of current market conditions and economic uncertainties, it might take a long time before the stock price reflects what the company is really worth.

How Much Will Shareholders Get?

JE Holdings has offered to pay ₱48.30 per share to buy the remaining shares. To understand if this is a good price, an independent company called FTI Consulting Philippines, Inc. was hired to check if the offer is fair.

The ₱48.30 per share price is 32.23% higher than the average trading price over the past year. Specifically, the 1-year volume-weighted average price (VWAP) as of March 26, 2026 was ₱36.5285. This means shareholders would receive about ₱11.77 more per share compared to the recent average trading price.

What Happens Next?

Before this can happen, several steps need to be completed:

  • Shareholders will vote on the delisting proposal at the company’s annual meeting scheduled for May 12, 2026
  • The plan must be approved by the Securities and Exchange Commission (SEC)
  • It must also get approval from the Philippine Stock Exchange (PSE)
  • The Philippine Competition Commission (PCC) needs to review it as well

Robina Gokongwei-Pe, Chairman of RRHI, stated that this proposed transaction reflects the company’s commitment to its shareholders while preparing the company for its next phase.

About Robinsons Retail Holdings, Inc.

According to the filing, RRHI currently has 1,065,618,535 common shares outstanding and 510,870,825 treasury shares. The company is headquartered at 110 E. Rodriguez Jr. Avenue, Bagumbayan, Quezon City, and is registered with the SEC under number A200201756.

Source Note:

This article is based on the company’s official press release and disclosures filed with the Philippine Stock Exchange’s Electronic Disclosure Generation Technology (PSE EDGE) system. For the complete and official version of the announcement, readers may visit the PSE EDGE website and search for the company’s filing directly.

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