Thursday, 10/07/2014 09:43

VNM: Vinamilk to buy back stock

Hochiminh Stock Exchange allowed Viet Nam Dairy Products Joint-Stock Company to repurchase VNM shares from the employees who left the Company:

-         Company: Viet Nam Dairy Products Joint-Stock Company (Vinamilk)

-         Stock symbol: VNM

-         Par value: VND 10,000/ share

-         Number of treasury shares before trading: 521,975 shares

-         Volume registered to buy back: 820 shares

-         Purpose: to buy back the shares from the employees who received the shares in 2011 but left Vinamilk.

-         Financial resource: from capital surplus and undistributed profit

-         Trading method: put-through method, not via the trading floor

-         Expected trading period: July 16, 2014.

HOSE

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