Trans-Pacific Aerospace Company Inc. (fka TPAC)

[Shaz]

TPAC Announces Purchase of an Additional 200 Million Shares of Common Stock through a 1.8 Billion Share Buy-Back Program

SAN MARINO, Calif.--(BUSINESS WIRE)--Trans-Pacific Aerospace Company, Inc. (“TPAC” or the “Company“) (OTCBB:TPAC) is pleased to announce as part of its buy-back program for the repurchase of common shares presently in the public float that it has, effective as of today, repurchased and removed from the public float an additional 200 million common shares under this program and intends to repurchase up to a total of 1.8 billion total common shares.

Bill McKay, the CEO of TPAC, stated: “This is part of our ongoing commitment to our shareholders to repurchase shares of TPAC common stock, thereby reducing the float. We will continue to acquire as many common shares as possible, so as to obtain a more manageable share structure and float and thereby truly reflect the value of the Company. We remain optimistic that we will acquire more shares and when we do so, we will announce the retirement of large blocks through future press releases and/or Twitter posts. The Twitter account @TPACbearings is the official social media site for TPAC.”


http://www.businesswire.com/news/home/20151223005567/en/Trans-Pacific-Aerospace-Announces-Purchase-Additional-200-Million