According to Decision No.311 dated May 08, 2019, the Board of Directors of Hoa Sen Group approved the buyback of shares from its ex-employees, who participated in the 2017 ESOP, as follows:
- Number of treasury shares before trading: 161,500 shares
- Number of shares registered for share buyback: 41,600 shares
- Buying price: VND10,000/share
- Financial resource: the undistributed after-tax profit
- Trading period: within 30 days after the State Securities Commission approves the share buyback and the Company discloses as regulated.
- Trading method: to transfer the ownership via the Vietnam Securities Depository.
- Agent for buyback: MB Securities Joint Stock Company.