OPT Holding, Inc. announces an Equity Buyback for 3,769,000 shares, representing 14.52% for ¥2,868.21 million.
February 12, 2017
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OPT Holding, Inc. (TSE:2389) announces a share repurchase program. Under the program, the company will repurchase up to 3,769,000 shares, representing 14.52% of its share capital, at ¥761 per share for ¥2,868.21 million. The company is repurchasing its shares through the Tokyo Stock Exchange off-floor treasury share trading (ToSTNeT-3). The company will repurchase its shares in order to improve shareholder returns and capital policy, along with implementing a flexible capital policy which responds to changes in the business environment. As of December 31, 2016, the company had 30,089,600 shares outstanding and 4,140,000 shares in treasury.
Digital Holdings Inc, formerly OPT Holding Inc is a Japan-based company principally engaged in the Internet advertising business. The Company operates in two business segments. The Marketing segment provides Internet advertising for large companies, digital marketing, related services, and digital marketing solutions for local small and medium enterprises. The Synergy Investment segment is involved in the investment in Internet-related venture companies, the information collecting in the United States, the development of artificial intelligence (AI) and AI platforms, the provision of digital shift support education services for companies, and the general trade operated in China.
DIGITAL HOLDINGS, INC. 
