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[Quartet]

Sega Sammy Holdings Inc., formed on Oct. 1 through the merger of Sega Corp. and Sammy Corp., advanced 220 yen, or 4.1 percent, to 5,650 after saying it will seek approval to reduce its capital reserve by 96 percent to buy back shares and pay dividends.

 

[demi]

It usually helps to post your source.

 

[Quartet]

you are right, sumimasen

http://www.bloomberg.com/apps/news?pid=10000101&sid=aKAeSjYPKPPM&refer=japan

 

[vesuvious]

So, what does this mean for SegaSammy then? I don't quite get what it all means. Anybody got a clue out there?

 

[Riskbreaker]

Argh..where is Sammy vs Capcom?

 

[GhaleonEB]

So, what does this mean for SegaSammy then? I don't quite get what it all means. Anybody got a clue out there?

Most companies have stock buyback programs as a way to return value to shareholders. The fewer shares out there, the more valuable the shares outstanding are. It looks like Sega-Sammy is kicking off a very aggressive buyback plan, as well as planning to increase their dividend.

Which makes me happy - I own a few hundred shares of the combined company.

 

[jarrod]

Argh..where is Sammy vs Capcom?

Hopefully being retooled into Sega Sammy Vs Capcom.

 

[demi]

you are right, sumimasen

No thanks, I just ate lunch.