PTC: BOD resolution on planning to buy treasury shares

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PTC: BOD resolution on planning to buy treasury shares

HOSE - 5/21/2020 4:46:00 PM

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The Board resolution dated May 20, 2020, the BOD of Post and Telecommunications Investment and Construction Joint Stock company approved to buy back shares as treasury shares. Details are as follows:

- Number of shares registered to buy: 2,600,000 shares

- Purpose: to buy back shares as treasury shares, to reduce the number of outstanding shares and raise the value of shareholders.

- Expected trading period: within 30 days after being approved by the State Securities Commission of Vietnam (SSC). Q2.2020 or Q3.2020

- Trading method: order matching or put through.

- Purchase price: less than VND 9,000/share.

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