Sunday, 12/02/2012 23:56

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

hnx

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