Cuongthuan Idico Development Investment Corporation announces the share buyback as follows:
- Number of treasury shares before trading: 0 shares
- Number of shares registered for repurchase: 15,435,000 shares (24.5% of total outstanding shares)
- Financial source: the Company’s retained earnings, investment development fund and capital surplus.
- Estimated trading time: from May 21, 2020 to June 19, 2020
- Trading method: order-matching and/or put-through
- Authorized securities company: Hochiminh City Securities Corporation.