Grab Holdings Limited plans to repurchase up to $400 million of its Class A ordinary shares under a previously approved $500 million buyback program. It has entered an accelerated share repurchase with JPMorgan for $250 million, initially receiving about 54.9 million shares, and a contingent forward purchase with Morgan Stanley for up to $150 million. The accelerated share repurchase is expected to be completed by Q2 2026, while the contingent forward purchase is scheduled to settle in July 2026. Both transactions will be funded from existing cash reserves.
Grab Holdings Limited plans to repurchase up to $400 million of its Class A ordinary shares over the next four months using a $250 million accelerated share repurchase with JPMorgan and an up to $150 million contingent forward purchase with Morgan Stanley, under its existing $500 million buyback authorization.
Under the ASR, Grab will initially receive about 54.9 million shares, roughly 80% of the expected total, with the final amount based on volume‑weighted average prices; these transactions are expected to complete by Q2 2026. The CFP structure limits total cash outlay to $150 million and settles in July 2026, with shares acquired only when prices stay below a specified threshold.
Both transactions will be funded from existing cash. As of December 31, 2025, Grab reported gross cash liquidity of $7.4 billion and net cash liquidity of $5.4 billion. Management links this program to confidence in its trajectory toward 2028 targets of $1.5 billion Adjusted EBITDA and 80% Adjusted Free Cash Flow conversion.
Grab Holdings Limited reports that shareholders approved a major change to its governing documents at an extraordinary general meeting held on March 24, 2026. The Second Amended and Restated Memorandum and Articles of Association were replaced in full by a new Third Amended and Restated version.
The key change increases the voting power of each Class B ordinary share from forty-five votes to ninety votes on all matters put to a shareholder vote, further differentiating them from Class A shares. Of the total votes validly cast, 85.9% supported the special resolution and 14.1% voted against it, so the new Third Articles took effect on March 24, 2026.
Grab Holdings Limited has agreed to acquire Delivery Hero’s foodpanda delivery business in Taiwan for $600 million in cash on a cash-free, debt-free basis, subject to customary closing adjustments. The deal requires regulatory approvals and other customary conditions and is expected to close in the second half of 2026.
The report also notes that this information is incorporated by reference into Grab’s existing Form F-3 shelf registration statements, allowing it to be used in connection with future securities offerings.
Grab Holdings Limited plans to acquire Delivery Hero’s foodpanda delivery business in Taiwan for $600 million in cash on a cash-free, debt-free basis, subject to closing adjustments and regulatory approvals. Closing is expected in the second half of 2026.
The deal would mark Grab’s expansion into its 9th market and first outside Southeast Asia, giving it a presence in 21 cities in Taiwan. Foodpanda Taiwan generated about US$1.8 billion in GMV and was profitable on an adjusted EBITDA basis in 2025.
Grab reiterates its 2026 Adjusted EBITDA guidance of $700 million to $720 million and says the transaction should be accretive to its 2026 Group Revenue guidance of $4.04 billion to $4.10 billion. By 2028, the deal is expected to add at least $60 million of incremental Adjusted EBITDA and be accretive to Grab’s three-year Adjusted EBITDA outlook of $1.5 billion. Grab targets full migration of foodpanda Taiwan users, merchants and drivers to the Grab app by early 2027.
Grab Holdings Ltd director and CEO Anthony Tan has filed an initial ownership report detailing a substantial equity stake in the company. He directly holds Class B Ordinary Shares convertible into 77,425,133 Class A Ordinary Shares, and indirectly holds Class B Ordinary Shares convertible into 19,492,330 Class A Ordinary Shares through Hibiscus Worldwide Ltd.
He also has equity awards tied to future service and performance. These include Restricted Stock Awards over 2,460,000 and 3,353,658 Class B Ordinary Shares, and Restricted Stock Units over 1,193,649 Class B Ordinary Shares, all subject to service-based vesting starting on March 1, 2027. In addition, he holds stock options over 6,198,347 Class B Ordinary Shares at an exercise price of 4.5900 per share expiring on March 8, 2036, plus 25,193 Class A Ordinary Shares directly.
Grab Holdings Ltd executive Ong Chin Yin, Chief Org Capability Officer, reported her initial ownership in company securities. As of March 18, 2026, she directly holds 2,154,051 Class A Ordinary Shares, some of which are issuable upon vesting of Restricted Stock Units (RSUs).
She also holds 417,117 Class B Ordinary Shares, each convertible into one Class A Ordinary Share with no expiration, as well as multiple stock options over Class A Ordinary Shares with exercise prices ranging from $0.48 to $2.32 and expirations between 2026 and 2029. In addition, she has RSUs over Class B Ordinary Shares that vest in equal installments on March 1, 2027, March 1, 2028 and March 1, 2029, subject to service-based conditions.
Grab Holdings Ltd Chief Product Officer Philipp Wolfgang Josef Kandal filed an initial ownership report showing his equity position in the company. He directly holds 1,716,727 Class A Ordinary Shares, which the footnotes state include 514,336 Class A shares issuable upon vesting of the same number of Restricted Stock Units (RSUs) subject to service-based conditions.
He also holds derivative interests, including 569,064 Class B Ordinary Shares that are each convertible into one Class A Ordinary Share with no expiration date, plus RSUs covering 411,906 and 471,483 Class B Ordinary Shares. The RSUs are scheduled to vest in equal installments on March 1, 2027 and March 1, 2028, and separately on March 1, 2027, March 1, 2028 and March 1, 2029, in each case subject to specified service-based conditions.
Grab Holdings Ltd President and COO Alexander Hungate has reported his initial equity holdings. He directly owns 3,304,767 Class A Ordinary Shares, which include 678,026 Class A shares that may be issued upon vesting of the same number of Restricted Stock Units, subject to service-based conditions.
He also holds derivatives: 691,974 Class B Ordinary Shares convertible into the same number of Class A shares with no expiration, and two blocks of Restricted Stock Units over 509,524 and 547,351 Class B shares. These RSUs vest in equal installments on March 1, 2027, 2028 and, for one grant, 2029, provided service conditions are met.
Grab Holdings Ltd Chief Technology Officer Paradatheth Suthen Thomas has filed an initial Form 3 showing his equity position in the company. He directly holds 1,655,547 Class A Ordinary Shares.
He also has derivative interests including 627,280 Class B Ordinary Shares that are each convertible into one Class A Ordinary Share, and Restricted Stock Units covering 459,524 and 503,271 Class B Ordinary Shares, which vest over time subject to service-based conditions, with scheduled vesting on March 1, 2027, March 1, 2028 and March 1, 2029. In addition, he holds stock options over 338,368 Class A Ordinary Shares at an exercise price of $2.32 expiring in 2030, along with several smaller option grants at an exercise price of $0.67 expiring between 2027 and 2028.