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In a move that underscores the company's strong balance sheet and commitment to maximizing long-term shareholder value, DigiPlus Interactive Corp., the Philippines’ leading digital entertainment company, announced that its Board of Directors has approved a share repurchase program of up to P6 billion worth of common shares. The share repurchase program is valid over a 12-month period and can be renewed, subject to approval of the Board of Directors. “The share repurchase program demonstrates our firm confidence in DigiPlus’ long-term growth and solid fundamentals,” said DigiPlus Chairman Eusebio Tanco. “By strategically deploying our capital through this buyback, we are sending a clear signal that DigiPlus is committed to delivering sustainable returns for shareholders while remaining well-positioned to pursue expansion and innovation,” he added.
The share buyback will be funded through the company’s internally generated cash flows, underscoring DigiPlus’ healthy balance sheet and resilient operations. DigiPlus remains well-capitalized, balancing disciplined capital management with its investments in growth, technology, and new markets. |
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