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Monday, December 23, 2024 7:17:02 PM - Markets closed
VN-INDEX 1,262.76 +5.26/+0.42%
HNX-INDEX 228.51 +1.44/+0.63%
UPCOM-INDEX 93.72 +0.33/+0.35%
VCG: Notice of share repurchase for Treasury stock
HNX - 11/6/2020 10:04:00 AM
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- Name of issuer: Vietnam Construction and Import-Export Joint Stock Corporation
- Charter capital: 4,417,106,730,000
- Stock code : VCG
- Par value: VND10,000/share
- Securities type: Common stock
- Number of treasury shares held by the company before transaction: 0 share
- Number of shares to be repurchased: 44,171,067 shares
- Purpose: Improve the efficiency of the Company, increase value for shareholders
- Resource for repurchase: Plan to use the equity surplus, undistributed profit after tax, and/or funds from the owners' equity according to the latest audited financial statement, specifically: VND 1,644,113,215,995
- Tender price: Market price at the time of transaction, in accordance with Item 5 Article 8 Circular 203/2015/TT-BTC dated 21/12/2015 of the Ministry of Finance, related legal documents and the Trading Regulations of the Stock Exchange on transactions of treasury stock: Buy price <= Reference Price + (Reference Price x Stock price fluctuation band). Based on the buy price at the time of transaction, Vietnam Construction and Import-Export Joint Stock Corporation commits to buy a share volume suitable to the total value not exceeding VND 1,644,113,215,995
- Expected Start date of transaction: 16/11/2020
- Expected End date of transaction: 15/12/2020
- Trading method: Order matching and negotiation
- Authorized securities company: Bao Viet Securities Joint Stock Company
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