On March 16, 2020, Gemadept Corporation issued the Board resolution No.19 regarding the share buyback as treasury shares. Details are as follows:
- Number of shares registered to buy: 25,000,000 shares
- Purpose: to protect shareholders’ interest
- Expected trading period: after being approved by the State Securities Commission of Vietnam (SSC)
- Trading method: Order matching
- Purchase price: as the market price.