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QCC: Result of share repurchase for Treasury stock
HNX - 5/11/2020 10:06:00 AM
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- Name of issuer: Construction Investment and Telecommunications Infrastructure Development Joint Stock Company
- Charter capital: 15,000,000,000
- Stock code : QCC
- Par value: VND10,000/share
- Securities type: Common stock
- Number of treasury shares held by the company before transaction: 80,000 shares
- Number of shares registered for repurchase: 108,000 shares
- Number of shares repurchased: 90,300 shares
- Total number of treasury shares following transaction: 170,300 shares
- Reasons for not completing transaction: QCC stock price during the registered transaction period was usually higher than VND 10,000/share. Meanwhile, Resolution No. 11/NQ-HĐQT dated 11/03/2020 approved by Chair of the Board authorized purchase price from VND 6,500/share to VND 10,000/share.
- Start date of transaction: 06/04/2020
- End date of transaction: 05/05/2020
- Authorized securities company: Agribank Securities Joint Stock Corporation
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