NHC: Notice of share repurchase for Treasury stock
Nhi Hiep Brick-Tile Co-operation (HNX: NHC) announce its notice of share repurchase for Treasury stock
- Name of issuer: Nhi Hiep Brick-Tile Co-operation
- Charter capital: VND 15,207,710,000
- Stock code: NHC
- Par value: VND 10,000/Share
- Securities type: Common stock
- Number of treasury shares held by the company before transaction: 45,926 shares
- Number of shares to be repurchased: 100,500 shares
- Purpose: Stabilizing price
- Resource for repurchase: Investment & Development Fund and retain earning from 30% exemption income tax of quarter 4/2008 and 2009.
- Tender price: Market price
- Trading method: Acquisition through negotiation or continuous order matching
- Expected Start date of transaction: 05/09/2011
- Expected End date of transaction: 29/11/2011
- Authorized securities company: Bao Viet Securities JSC.
HNX
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