Company seeks to restore investor confidence and expand global footprint
Manila, Philippines — In a decisive move aimed at restoring shareholder confidence and reaffirming its long-term strategic direction, DigiPlus Interactive Corp. has launched a ₱6 billion share buyback program, to be funded entirely through internal cash flow. The initiative, announced via local media including the Manila Standard, comes after a sharp 55.8% drop in the company’s stock price, a decline driven by market anxieties over a possible crackdown on online gaming operations in the Philippines.
Investor Confidence Strategy Amid Price Plunge
DigiPlus shares recently plummeted from a 52-week high of ₱65.30 to just ₱29.50, sparking concern among shareholders. The firm attributed this freefall to speculative fears rather than operational weakness.
In response, the company has committed to repurchasing shares over a 12-month period, signaling its belief that the current valuation underrepresents DigiPlus’ true market potential. The board may consider extending the program beyond this initial term, pending review.
Chairman Eusebio Tanco emphasized the intent behind the move, stating:
“The share repurchase program demonstrates our firm confidence in DigiPlus’ long-term growth and solid fundamentals. This initiative sends a clear message of stability and strategic intent to our investors.”
Preparing for Brazil Market Entry in Q3 2025
Amid domestic regulatory uncertainty, DigiPlus is also pivoting toward international growth, announcing that its Brazilian operations will officially launch in September 2025. The Brazilian market, which DigiPlus describes as “twice the size of the Philippines,” presents a substantial new revenue frontier for the company.
Throughout the year, the company has been strategically building infrastructure in Brazil, including the appointment of a dedicated Operations Manager to oversee the rollout. The market holds immense promise, with Brazil’s recent gaming reform creating a fertile environment for legal, regulated iGaming.
Long-Term Growth, Short-Term Headwinds
While share prices have faced recent turbulence, DigiPlus maintains that its core financials remain strong, and the current dip is more reflective of broader industry sentiment than operational failure. The company’s expansion strategy, combined with this share repurchase program, is designed to not only shore up the stock but also to leverage upcoming growth opportunities.
Analysts believe that the company’s calculated approach to capital deployment — including this buyback — could stabilize investor outlook if regulatory clarity emerges and international operations begin generating revenue.
Outlook
As the online gaming landscape in the Philippines continues to evolve, DigiPlus’ strategic response underscores its adaptability. With aggressive expansion into high-growth markets like Brazil and a renewed focus on investor relations through capital returns, DigiPlus is positioning itself as a long-term contender in both domestic and international gaming arenas. Whether this will be enough to reverse current market sentiment remains to be seen, but it marks a clear shift in tone from damage control to proactive growth.
