OPTiM Corporation announces an Equity Buyback for 25,000 shares, representing 0.18% for ¥86.25 million.
August 21, 2018 at 12:45 pm IST
OPTiM Corporation (TSE:3694) announces a share repurchase program. Under the program, the company will repurchase up to 25,000 shares, representing 0.18% of its share capital, at ¥3,450 per share for ¥86.25 million. The company will repurchase its shares for shareholder returns and in order to implement a flexible capital policy which responds to changes in the business environment. As of June 30, 2018, the company had 13,774,280 shares outstanding (excluding treasury shares) and 216 shares in treasury.