Ayala Corp. purchased 6.9 million additional shares of its property subsidiary, Ayala Land, Inc. (ALI), on July 17, 2026. The transaction totaled approximately P115.4 million.
This acquisition is part of a P5 billion fund dedicated to purchasing ALI shares. Management maintains that the developer's current stock price is undervalued.
Ayala Land's share price surged 5.72% on Friday, July 17. Investors responded positively to the conglomerate's continued financial support and long-term outlook.