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Provider: Reuters Investment Profile
Provider: Wright Reports

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NanoTech Entertainment Inc Completes Buyback Of 10 % Of Common Stock

Friday, 25 Jan 2013 12:34pm EST 

NanoTech Entertainment Inc announced that it has completed the first phase of a plan to buy back shares of its common stock. The NanoTech Board of Directors had previously authorized a share repurchase program under which the Company plans to repurchase a total of roughly 25% of its outstanding common stock on the open market or in privately negotiated transactions. The program identified two stages, whereby a total 75 million shares would be acquired in phase one and 120 million shares would be acquired in phase two. 

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