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TV2: Share repurchase for Treasury Stock
Power Engineering Consulting JSC No.2 (HNX: TV2) announces the Board Resolution approved on 08/11/2011 as follows:
The plan of share repurchase for Treasury Stock:
1. Name of issuer: Power Engineering Consulting JSC No.2
2. Stock code: TV2
3. Par value: VND10,000
4. Securities type: Common stock
5. Number of current treasury shares: 0 share
6. Number of shares to be repurchase: 65,000 shares (1.5% of outstanding shares)
7. Purpose: Stablizing the stock price
8. Resource for repurchase: Retained earnings and other legal resources
9. Tender price: Market price
10. Expected date for repurchase: In 2011
11. Trading method: Acquisition through negotiation or continuous order matching
12. Authorized securities company: Dong A Securities Company LTD
Management Board is responsible for carrying out relative tasks.
HNX
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