VLA: Results of share repurchase for Treasury stock
Van Lang Technology Development and Investment JSC (HNX: VLA) announced the results of share repurchase for Treasury stock as follows:
- Name of issuer: Van Lang Technology Development and Investment JSC
- Stock code: VLA
- Securities type: Common stock
- Number of treasury shares before repurchase: 0 share
- Number of shares registered for repurchase: 100,000 shares
- Purpose: For Treasury Stock
- Number of shares repurchased: 77,000 shares
- Reason for not completing the repurchase: The prices were not suitable for investment, the liquidity was not high
- Total number of treasury shares after repurchase: 77,000 shares
- Resource for repurchase: Investment & Development Fund and retained earnings
- Tender price: market price
- Time for repurchase: from 28/11/2011 to 31/01/2012
- Trading method: Acquisition through negotiation or continuous order matching
- Authorized securities company: Vietcombank Securities Co.,Ltd
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