Philippine Billionaire Sy Family’s SM Investments Sets $1 Billion Record Stock Buyback
SM Investments—the holding company of the family of the late retail billionaire Henry Sy Sr—will spend $1 billion to buy back its shares, which are trading at a two-year low.
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Philippine Billionaire Sy Family’s SM Prime Earmarks $1.7 Billion To Expand Property Footprint
Following Sy’s death in 2019, his six children—Teresita, Elizabeth, Henry Jr, Hans, Herbert and Harley—inherited his fortune. The family is the richest in the Philippines with a net worth of ...