The Board of Directors of Dong Phu Rubber Joint Stock Company (short name: DORUCO) on August 29 approved a plan to repurchase shares as follows:
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Total treasury shares at present: 875,210
shares
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Buying volume: 2,000,000 shares (4.65% of
total issued shares)
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Total treasury shares after the buyback:
2,875,210 shares (6.68% of total issued shares)
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Buying price: no more than
VND50,000/share
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Trading method: order-matching or put-through
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Trading period: in September 2014 and October
2014
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Financial resource for share the buyback: VND100
billion from the company’s capital surplus (the company’s capital surplus according
to the reviewed financial statements for six months: VND147,271,822,000).
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Authorized securities company: Vietnam Bank for Industry and Trade
Securities Joint Stock Company.