GMO AD Partners Inc. announces an Equity Buyback for 250,000 shares, representing 1.54% for ¥100 million.
February 07, 2019 at 12:01 pm IST
GMO AD Partners Inc. (JASDAQ:4784) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 1.54% of its share capital, for ¥100 million. The company will repurchase its shares in order to implement a flexible capital policy in response to changes in the business environment. The share repurchase program will run until the end of September 2019. As of December 31, 2018, the company had 16,219,600 shares outstanding (excluding treasury shares) and 537,600 shares in treasury.