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VFG: Board resolution on a share buyback
HOSE - 10/21/2021 12:17:00 PM
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Viet Nam Fumigation Joint Stock Company announces the Board resolution dated October 15, 2021 as follows:

1)      The Board of Directors unanimously cancelled the Board resolution dated August 10, 2021 regarding the decrease in the Company’s charter capital corresponding to the number of treasury shares held by the Company.

2)      The Board of Directors unanimously decided to use the 2020 bonus and welfare fund to repurchase the treasury shares currently held by the Company and award to the Union of Labor of Viet Nam Fumigation Joint Stock Company.

Details:

-          Stock code: VFG

-          Number of issued shares: 32,088,864 shares

-          Number of outstanding shares: 32,086,864 shares

-          Number of treasury shares: 2,000 shares

-          Number of treasury shares expected to repurchase: 2,000 shares

-          Total buying value at par value: VND20,000,000.

-          Financial resource for trading: the bonus and welfare fund in 2020.

-          Trading time: after getting the approval from the State Securities Commission.  

 

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