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Reasons to Invest 2019-06-27T20:24:23+00:00

REASONS TO INVEST

ACCRETIVE LONG-TERM GROWTH STRATEGY, focused on a combination of organic growth and sector-focused M&A within the growing loyalty and travel markets

SUBSTANTIAL OPERATING ASSETS with leading loyalty technology platforms, global scale and a full suite offering of loyalty solutions

VALUABLE INVESTMENTS including PLM, which operates Mexico’s largest travel loyalty program Club Premier, providing an ongoing cash flow stream to its shareholders; Cardlytics, a publicly traded US-based company delivering purchase intelligence and an investment in BIGLIFE, the travel loyalty program of AirAsia – Southeast Asia’s fast growing and largest low-cost airline

FLEXIBLE BALANCE SHEET with an attractive capital structure, no financial indebtedness, and valuable tax assets

HIGHLY EXPERIENCED MANAGEMENT TEAM with sector expertise and M&A experience to implement on its strategy

STRONG BOARD GOVERNANCE with the skills mix to optimize the company’s capital allocation and to support management in its strategy to create long-term value for all stakeholders

A RECORD OF SHAREHOLDER RETURNS through dividends and share buybacks including a $150 million share buyback in 2019 and almost $800 million returned to shareholders in the last 5 years

Information posted in this section was accurate at the time of posting but may be superseded by subsequent disclosures or circumstances.