DVx Inc. announces an Equity Buyback for 450,000 shares, representing 3.99% for ¥623.7 million.
August 28, 2018 at 03:46 am EDT
DVx Inc. (TSE:3079) announces a share repurchase program. Under the program, the company will repurchase up to 450,000 shares, representing 3.99% of its outstanding shares at a price of ¥1,386 per share for ¥623.7 million. The company will repurchase its shares in order to ensure the flexibility and mobility of its capital policy. As of August 28, 2018, the company had 11,277,379 shares outstanding (excluding treasury shares) and 2,621 shares in treasury.