VRC: Resolution on dividend payment and buying back shares
Vung Tau Real Estate and Construction JSC (HOSE: VRC) announced the resolution of the Board of Directors as follows:
Article 1: Approving a payment rate of the first dividend installment of 2011 in cash:
• Record date: September 09, 2011
• Dividend pay-out ratio: 10%/ par value (VND1,000/share)
• Payment date: September 26, 2011
Article 2: Buying back shares:
• Purpose: Buying back shares
• Volume registered to buy: 500,000 shares (3.45%)
• Capital: Capital surplus
• Expected trading time: From September 07, 2011 to November 07, 2011
• Trading method: Order matching
• Price definition: The market price
• This resolution was approved on August 24, 2011.
HOSE
|