Ayala Land Inc. purchased 10 million shares as its stock price nears 2010 levels. This move is part of an ongoing buyback program to support the company's market value.
The developer also announced the Mandarin Oriental Makati will open in late 2026. The luxury hotel originally closed in 2014. Its return follows a six-year delay in the relaunch schedule. The project serves as a key milestone for the Makati central business district.