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Wednesday, 08/15/2018 10:30:29 AM

Wednesday, August 15, 2018 10:30:29 AM

Post# of 640796
$IMTV share buyback announcement! >>

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."

https://www.otcmarkets.com/stock/IMTV/news/Imagination-TV-Inc-Announces-Share-Buyback-Program-to-Further-Clean-Corporate-Cap-Structure?id=201047
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