Aval Data Corporation (JASDAQ:6918) announces a share repurchase program. Under the program, the company will repurchase up to 700,000 shares, representing 10.55% of its total shares outstanding, at a price of ¥818 per share for a total of ¥572.6 million. The purpose is to enable the implementation of a flexible capital policy in response to changes in the business environment, while aiming to improve capital efficiency and shareholder returns.
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- News Aval Data Corporation
- Aval Data Corporation announces an Equity Buyback for 700,000 shares, representing 10.55% for ¥572.6 million.