RMB Capital Highly Appreciates Opt Holding’s Decision to Buyback and Cancel Shares

CHICAGO--()--Opt Holding, Inc. (ticker: 2389 JP) announced in its press release on February 13, 2017 that it was going to repurchase 14.52% of total outstanding shares from Dentsu Group, then cancel 22.30% of total outstanding shares, including the shares repurchased in the past, immediately. RMB Capital highly appreciates management’s actions to enhance shareholders’ value as we have been communicating with the executives of Opt in recent years to take such actions. Coupled with the installment of a nominating and compensation committee announced earlier, we believe the management team of Opt is committed to improving corporate governance as well as the shareholders’ return.

Contacts

RMB Capital
Masakazu Hosomizu
mhosomizu@rmbcap.com
Japan Portfolio Manager

Release Summary

RMB Capital Highly Appreciates Opt Holding’s Decision to Buyback and Cancel Shares

Contacts

RMB Capital
Masakazu Hosomizu
mhosomizu@rmbcap.com
Japan Portfolio Manager