{"id":777027307,"date":"2025-06-04T09:06:10","date_gmt":"2025-06-04T12:06:10","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777027307"},"modified":"2026-04-21T22:17:49","modified_gmt":"2026-04-22T01:17:49","slug":"alliance-global-group-extends-share-buyback-programme","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/alliance-global-group-extends-share-buyback-programme","title":{"rendered":"Alliance Global Group extends share buyback programme"},"content":{"rendered":"\n

The company has also increased its allocation for programme by PHP2bn.<\/p>\n\n\n\n\n\n\n\n

The Philippines.- Alliance Global Group (AGI)<\/strong>, owner of Travellers International Hotel Group (operator of Newport World Resorts<\/strong> casino and leisure complex in Manila) has extended its current share buyback programme<\/strong> by one year to December 31, 2026. The company has also increased its allocation for the programme by PHP2bn (US$35.9m), bringing the budget for repurchases to PHP11bn (US$197.3m).<\/p>\n\n\n\n

AGI originally launched the programme in October 2021. As of April 2025, it had spent PHP8.62bn (US$154.7m) of the PHP9bn (US$161.4m) previously allocated. The programme has already been extended three times.<\/p>\n\n\n\n

For the first quarter of the year, Travellers International Hotel Group <\/strong>reported Newport World Resorts posted gross gaming revenue (GGR) of PHP7.9bn (US$141.6m). That’s an increase of 6 per cent\u00a0in year-on-year terms<\/a>. The company attributed the rise to higher win rates in the cash tables and VIP segments.<\/p>\n\n\n\n

The company reported net revenue of <\/strong> PHP7.69bn (US$137.8m), up 7.84 per cent year-on-year and a segment profit of PHP101.4m (US$1.82m), up nearly 700 per cent. Earnings before interest, taxation, depreciation and amortisation (EBITDA) was at PHP2.1bn (US$37.7m), up 42 per cent year-on-year.<\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> Macau GGR per visitor will be down by 6.6% in 2025, analysts say<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

The company has also increased its allocation for programme by PHP2bn.<\/p>\n","protected":false},"author":176,"featured_media":15107,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Alliance Global Group (AGI) has extended its share buyback program by one year to December 31, 2026, and increased its allocation by PHP2bn, bringing the total budget to PHP11bn. Concurrently, its subsidiary Travellers International Hotel Group reported a 6% year-on-year increase in Newport World Resorts' Q1 GGR to PHP7.9bn, driven by higher win rates in cash tables and VIP segments, alongside significant growth in net revenue, segment profit, and EBITDA.","focusai_entities":"Alliance Global Group (AGI), Travellers International Hotel Group, Newport World Resorts","focusai_location":"The Philippines, Manila","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.8), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"AGI Capital Allocation Impact?","query":"How will the increased share buyback allocation impact AGI's long-term capital expenditure plans and its overall debt-to-equity ratio, considering the sustained operational performance of Newport World Resorts?"},{"label":"Newport Resorts Profit Drivers?","query":"What specific operational efficiencies or market conditions contributed to the nearly 700% increase in segment profit and 42% EBITDA growth for Newport World Resorts, beyond the reported higher win rates?"}],"footnotes":""},"categories":[163,16333],"tags":[24685,24174,24194],"class_list":["post-777027307","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","category-south-east-asia-news","tag-gaming-revenue","tag-newport-world-resorts","tag-travellers-international-hotel-group"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777027307","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777027307"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777027307\/revisions"}],"predecessor-version":[{"id":777027327,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777027307\/revisions\/777027327"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/15107"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777027307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777027307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777027307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}