Philippine Stocks Review: Robinsons Retail Holdings, Inc. (RRHI) - Share Buy-Back Transactions | EfPrime Financials
RRHI's Stock Price and Share Buy-Back Transactions
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Date Updated: 26 August 2020
Data from edge.pse.com.ph shows that RRHI started its share buy-back transactions way back March 2020. As of this writing, there is about 9,794,330 total number of shares purchased with a value amounting to PhP594,548,720.00. The total amount appropriated for the buyback program is PhP2Bn. The remaining balance of the amount for the buy-back as of date is PhP1.4Bn.
How does share buy-back transactions affect RRHI's stock price?
A share repurchase or buyback is when a publicly-traded company purchases its own shares in the marketplace. Along with dividends, share repurchases are a way that a company may return cash to its shareholders. When a company buys back shares, it's generally a positive sign because it means that the company believes its stock is undervalued and is confident about its future earnings.1/
The benefits of buy-back are as follows:
Increase in Earnings per share;
Significant impact on investor's portfolio; and
Affirmation about the management's confidence about the company's profitability
Company Profile
Industry - Food and Drug Retailing
Sector - Consumer Non-Cyclicals
Address - Robinsons Retail Holidings Inc. 100 E. Rodriguez Jr. Avenue (C-5) Road, Barangay Ugong, Pasig, Metro Manila
Fundamental Analysis
Financial Ratio Company Industry
Debt/Equity Ratio .34 1.22
Current Ratio 1.61 .98
Leverage Ratio 1.84 4.02
Earnings/Share 2.4
PE Ratio 29.13
Return on Equity 5.35 9.66
2/ MSN Money Application
Technical Analysis
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| Source: Investagrams.com |
Compete in the Philippine Stock Market
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| Source: Investagrams.com |
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