{"id":777044714,"date":"2026-07-09T10:18:09","date_gmt":"2026-07-09T13:18:09","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777044714"},"modified":"2026-07-09T11:18:26","modified_gmt":"2026-07-09T14:18:26","slug":"digiplus-renews-php5-36bn-share-buyback","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/digiplus-renews-php5-36bn-share-buyback","title":{"rendered":"DigiPlus renews share buyback programme"},"content":{"rendered":"\n

Investment foundations linked to Poland\u2019s Juroszek family had urged the board to extend the programme.<\/p>\n\n\n\n\n\n\n\n

The Philippines.- DigiPlus Interactive<\/strong> has renewed its share buyback programme for another 12 months after the previous authorisation expired on July 4. The Philippine gaming operator will continue repurchasing shares using the remaining PHP5.36bn (US$87m) from its original PHP6bn (US$97.4m) allocation.<\/p>\n\n\n\n

The buyback programme was introduced in July 2025 after the company\u2019s shares came under pressure amid regulatory concerns. Since the programme began, DigiPlus has spent PHP644.6m (US$10.5m) to repurchase 29.77 million shares.<\/p>\n\n\n\n

The renewal comes three days after Betplay Capital Foundation<\/strong>, ZJ Foundation<\/strong> and MJ Foundation<\/strong>, investment foundations linked to Poland\u2019s Juroszek family<\/strong>, urged the board to extend the programme. The three shareholders, which collectively own about 1.4 per cent of DigiPlus, suggested that buying back shares would create greater shareholder value than pursuing additional non-essential land-based investments.<\/p>\n\n\n\n

They argued DigiPlus shares remain significantly undervalued given the company\u2019s market position and financial strength. They pointed to the company\u2019s cash reserves of more than PHP20bn (US$324.6m) and low debt levels as providing sufficient capacity for a larger repurchase programme.<\/p>\n\n\n\n

Separately, the board has appointed Wilfredo M. Pielago<\/strong> as the company\u2019s chief risk officer.<\/p>\n\n\n\n

<\/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> DigiPlus net income drops in Q1<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

Investment foundations linked to Poland\u2019s Juroszek family had urged the board to extend the programme.<\/p>\n","protected":false},"author":2395,"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":"DigiPlus Interactive, a Philippine gaming operator, has renewed its PHP6bn share buyback program for another 12 months, utilizing the remaining PHP5.36bn. This decision follows advocacy from investment foundations linked to Poland's Juroszek family, who argued the company's shares are undervalued given its strong financial position. Concurrently, Wilfredo M. Pielago has been appointed as the company's Chief Risk Officer.","focusai_entities":"DigiPlus Interactive, Juroszek family, Betplay Capital Foundation, ZJ Foundation, MJ Foundation, Wilfredo M. Pielago","focusai_location":"Philippines, Poland","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.7), investor_analyst (1.0), journalist_researcher (0.8)","focusai_suggestions":[{"label":"Impact on EPS & Valuation?","query":"How is DigiPlus Interactive's renewed share buyback program projected to impact its Earnings Per Share (EPS) and overall market valuation in the near to medium term, considering the remaining PHP5.36bn allocation?"},{"label":"Regulatory Concerns Mitigated?","query":"What were the specific regulatory concerns that initially pressured DigiPlus's shares in July 2025, and what measures have been implemented to mitigate these risks, influencing the current share price and buyback strategy?"}],"footnotes":""},"categories":[163,16333],"tags":[24370],"class_list":["post-777044714","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","category-south-east-asia-news","tag-digiplus"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777044714","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\/2395"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777044714"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777044714\/revisions"}],"predecessor-version":[{"id":777044722,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777044714\/revisions\/777044722"}],"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=777044714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777044714"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777044714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}