$IMTV alert! The company announced in a PR yesterd
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Posted On: 08/16/2018 10:19:34 AM
$IMTV alert! The company announced in a PR yesterday that they are implementing a share buyback program >>
https://www.otcmarkets.com/stock/IMTV/news/Im...?id=201047
Imagination TV Inc. Announces Share Buyback Program, to Further Clean Corporate Cap Structure
CASPER, Wyoming, August 15, 2018 /PRNewswire/ --
Imagination TV Inc. (IMTV) is pleased to announce that is has instituted a share buyback program whereby from August 15, 2018 to August 15, 2019 the Company will purchase shares of its common stock in open market transactions and then retire such share purchases for permanent cancellation. The Company will fund the share purchases by committing 20% of its revenue after expenses from each music and entertainment event during the 1-year period.
Juan Areco, CEO of Imagination TV, commented, "This is another step toward cleaning our corporate cap structure which proves our dedication toward continuing to grow a strong company that provides lasting shareholder value."
About Imagination TV Inc.
Imagination TV Inc. is a publicly traded online media and entertainment company with a focus on the Music & Live Event industries. http://www.ImaginationTV.co
Instagram: https://www.instagram.com/imaginationtv_imtv/
Twitter: https://twitter.com/ImaginationTVCo
Contact:
Email: investors@imaginationtv.co
+1(307)201-0602
SOURCE Imagination TV Inc.
https://www.otcmarkets.com/stock/IMTV/news/Im...?id=201047
Imagination TV Inc. Announces Share Buyback Program, to Further Clean Corporate Cap Structure
CASPER, Wyoming, August 15, 2018 /PRNewswire/ --
Imagination TV Inc. (IMTV) is pleased to announce that is has instituted a share buyback program whereby from August 15, 2018 to August 15, 2019 the Company will purchase shares of its common stock in open market transactions and then retire such share purchases for permanent cancellation. The Company will fund the share purchases by committing 20% of its revenue after expenses from each music and entertainment event during the 1-year period.
Juan Areco, CEO of Imagination TV, commented, "This is another step toward cleaning our corporate cap structure which proves our dedication toward continuing to grow a strong company that provides lasting shareholder value."
About Imagination TV Inc.
Imagination TV Inc. is a publicly traded online media and entertainment company with a focus on the Music & Live Event industries. http://www.ImaginationTV.co
Instagram: https://www.instagram.com/imaginationtv_imtv/
Twitter: https://twitter.com/ImaginationTVCo
Contact:
Email: investors@imaginationtv.co
+1(307)201-0602
SOURCE Imagination TV Inc.
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