Corporate
Manulife buying back up to 50 million shares to keep capital ratios healthy
Manulife Financial Corp., an international financial services provider, reported Wednesday that it has secured regulatory approval from the Toronto Stock Exchange to buy back for cancellation up to 50 million of its common shares, equivalent to a 2.8 percent stake in the Canadian financial services provider.
Goldilocks plans to open 60 stores in 2024
Goldilocks Bakeshop, Inc., one of the companies in the portfolio of SM Group Investments Corp., plans to further expand its nationwide foot print by opening 60 new stores in 2024.
Clark Water bares 15-year service improvement plan costing P5.5 billion
Clark Water, one of 20 domestic subsidiaries housed under Manila Water Philippine Ventures, itself a subsidiary of the Manila Water Co. Inc., has budgeted P5.56 billion as service improvement projects over the next 15 years or until 2040.
Ayala Land net profit rise 32% in 2023 to P24.5B on strong demand
Ayala Land Inc. said Tuesday strong demand and heightened consumer activity drove net income last year to P24.5 billion, up 32 percent year-on-year.
AREIT 2023 net income rises to P4.93B, declares P0.55/share dividend for 4Q
AREIT Inc., the listed real estate investment trust of the Ayala Group, reported Tuesday a 43 percent increase in net income last year to P4.93 billion, excluding the net fair value change in its investment properties.
