SHI: SonHa Corp to buy back stock
Son Ha International Corporation (SonHa Corp.) has registered to repurchase stock:
- Total number of treasury shares before trading: 559,230 shares
- Number of shares registered to buy back: 500,000 shares
- Purpose: to increase the value of EPS to shareholders.
- Financial resource: capital surplus and retained profit (after paying dividends and establishing funds)
- Trading method: order-matching and/or put through method.
- Trading volume per day:
+ Minimum trading volume: 3% of registered volume
+ Maximum trading volume: 5% of registered volume
- The trading volume per day will not be more than 10% of the trading volume of SHI stock on the previous trading day.
- Trading period: from January 09, 2012 to March 07, 2012.
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