QCC: Result of share repurchase for Treasury stock
- 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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