SM Prime Buys Back More Shares

MT Newswires Live

04-17

SM Prime (PSE:SMPH) repurchased a further 149,000 shares on Tuesday at between 22.4 Philippine pesos and 22.5 pesos apiece, according to a Wednesday filing with the Philippine Stock Exchange.

The company has so far repurchased around 3 million shares under its current buyback program.

SM Prime is the property development arm of the Philippine conglomerate SM Investments (PSE:SM).

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