Digital Arts Inc. announces an Equity Buyback for 60,000 shares, representing 0.43% for ¥300 million.
November 11, 2019 at 01:30 am EST
Digital Arts Inc. (TSE:2326) announces a share repurchase program. Under the program, the company will repurchase 60,000 shares, representing 0.43% of its share capital, for ¥300 million. The company will repurchase its shares for shareholder profits and for the improvement of capital efficiency. The program will run until November 22, 2019. As of November 11, 2019, the company had 14,062,480 shares outstanding (excluding treasury shares) and 70,520 shares in treasury.