Gokongwei-led Robinsons Retail Holdings, Inc. (RRHI) has declared cash dividends amounting to ₱2.13 billion or ₱2.00 per share to all stockholders—including those who will choose to sell their shares in a tender offer prior to the firm’s planned delisting.

In a disclosure to the Philippine Stock Exchange, the firm said the dividend will be paid out of its unrestricted retained earnings to shareholders of record as of May 28, 2026, and payable on June 10, 2026.

The dividend was computed based on a payout ratio of 40 percent of RRHI’s 2025 consolidated attributable net income, excluding one-off non-cash gains.

“Today’s announcement of the declaration of a cash dividend underscores our commitment to delivering tangible value to our shareholders, reflecting our continued focus on disciplined capital allocation,” said RRHI Chairman Robina Gokongwei-Pe.

RRHI President and CEO Stanley C. Co noted that, “The dividend is grounded in the Board’s assessment of distributable earnings, providing investors with a return on the company’s performance in 2025.”

“When combined with the tender offer consideration, this dividend increases the overall value received by shareholders in the context of today’s operating environment,” Co added.

The dividends are independent of the tender offer price of ₱48.30 per share that tendering shareholders will receive from the Gokongweis’ privately-held JE Holdings, Inc (JE Holdings).

Shareholders of record as of May 28, 2026, who participate in the tender offer will receive both the dividends from RRHI and the tender offer price from JE Holdings, resulting in total cash proceeds of ₱50.30 per share.

JE Holdings’ tender offer is worth about ₱18.37 billion based on RRHI’s 1.07 billion outstanding common shares and a public float of 35.69 percent or about 380 million shares.

The Gokongwei family controls RRHI through JE Holdings and direct holdings. As of January this year, JE Holdings held 46.1 percent of the company, while RRHI Chairperson Robina Gokongwei Pe and brother Lance Y. Gokongwei each own an 8.63 percent stake, while uncle and RRHI Vice Chairman James L. Go has a 3.19 percent interest.

RRHI is planning to voluntarily delist from the PSE if it is approved by the Philippine Competition Commission and if the tendered shares result in the Gokongweis owning at least 95 percent of RRHI’s issued and outstanding capital stock. (James A. Loyola)