DPM: PVFCCo continues to buy back stock
On June 11th, 2008, Petrovietnam Fertilizer and Chemical Joint Stock Company (PVFCCo) informed of its buying back stock as follows:
Stock symbol: DPM
Volume registered to buy back: 1,000,000 shares
Bought volume: 600,000 shares
Trading period: from 03/14/2008 to 06/11/2008
Number of treasury stock at present: 600,000 shares
PVFCCo did not buy back all of the registered volume because of fluctuation of the market and unprofitable price of PVFCCo’s stock. Besides, the company used money to import fertilizer.
PVFCCo has registered to continue repurchasing 400,000 shares as follows:
Volume registered to buy back: 400,000 shares
Financial resource: from the retained profit until December 31, 2007.
Trading method: order matching.
Trading period: from 06/19/2008 to 09/09/2008.
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