Nippon Valqua Industries, Ltd. announces an Equity Buyback for 593 shares.
October 26, 2016 at 11:30 am IST
Nippon Valqua Industries Ltd. (TSE:7995) announces a share repurchase program. Under the program, the company will repurchase up to 593 shares, using the closing price of its common shares in Tokyo Stock Exchange on the date of purchase (October 26, 2016). The company is repurchasing its shares following a reverse share-split (consolidation of 5 shares to 1 share), based on the resolution of the 116th ordinary General Meeting of shareholders last June 21, 2016.