West Holdings Corporation announces an Equity Buyback for 900,000 shares, representing 3.56% for ¥1,000 million.
April 18, 2019 at 06:30 am IST
West Holdings Corporation (JASDAQ:1407) announces a share repurchase program. Under the program, the company will repurchase 900,000 shares, representing 3.56% of the outstanding shares for ¥1,000 million. The purpose of the program is to enable the implementation of a flexible capital policy in response to changes in the business environment. The program will run until July 31, 2019. As of March 31, 2019, the company had 25,295,260 shares outstanding and 1,939,940 shares in treasury.