PIV: Notice of share repurchase for treasury stock
Petrovietnam Insurance (HNX: PIV) announces the share repurchase for treasury stock as follows:
1. Name of issuer: Petrovietnam Insurance
2. Stock code: PIV
3. Securities type: Common stock
4. Number of current treasury shares: 809,600 shares
5. Number of shares to be repurchased: 4,190,400 shares
6. Purpose: For Treasury Stock
7. Resource for repurchase: Paid-in capital and retained earnings
8. Tender price: Market price and book value at maximum
9. Expected date for repurchase: From 3/3/2011 to 31/3/2011
10. Trading method: Acquisition through negotiation or continuous order matching
11. Authorized securities company: Petrovietnam Securities Joint Stock Company.
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