Vt Holdings (TYO:7593) will repurchase up to 5 million shares, or 3.9% of its outstanding stock, for as much as 2.50 billion yen through an off-auction buyback on the Tokyo Stock Exchange on Aug. 13, according to a Tuesday filing on the Tokyo Stock Exchange.
The shares will be acquired at 483 yen each via the ToSTNeT-3 system, based on the Aug. 12 closing price.