HCM: The BOD’s resolution of buying back shares
Ho Chi Minh City Securities Corporation (HoSE: HCM) has announced the BOD’s resolution of buying back shares as follows:
Article 1: A plan of buying back shares:
* Stock symbol: HCM
* Par value: VND10,000
* Total owning volume before trading: 109,468 shares
* Volume registered to buy: 400,000 shares
* Purpose: Buying back shares for bonus to employees
* Capital: Bonus and welfare fund until September 30, 2010.
* Expected trading time: Within 90days from Hochiminh Stock Exchange approved.
* Securities firm authorized to trade the shares: Ho Chi Minh City Securities Corporation.
Article 2: The license is valid as from October 26, 2010.
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