Wednesday, 04/01/2012 17:53

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.

hose

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