May 16, 2017 / 7:26 AM / 6 months ago

BRIEF- Smartvalue to repurchase shares through ToSTNeT-3

May 16(Reuters) - Smartvalue Co Ltd

* Says it plans to repurchase up to 89,000 shares of its common stock, representing 3.9 percent of outstanding, through ToSTNeT-3

* Share repurchase price is 2,001 yen per share, the closing price of May 16, or 178.1 million yen in total

* Says the outcome will be announced on May 17

Source text in Japanese:goo.gl/tlA0Ga

Further company coverage: (Beijing Headline News)

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