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.
- 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.
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