PVD: The BoD approves the share buyback

On March 26, 2015, the Board of Directors of Petrovietnam Drilling & Well Service Corporation unanimously approved the share buyback as follows:

-          Quantity of shares registered to repurchase: maximum: 2,000,000 shares.

-          Purpose: to stabilize the market price as well as save as bonus shares to the Corporation’s staff in the future.

-          Financial resource: the investment development fund

-          Trading period: The Board of Directors authorized the CEO to choose an appropriate time for transactions, but not more than 06 months from the date of receipt of approval from the Board of Directors.

-          Trading method: put-through or order-matching. 

HOSE

>   NBB: Report on Change in Ownership by Major Shareholders (30/03/2015)

>   DCT: Report on Change in Ownership by Major Shareholders (30/03/2015)

>   NBB: Report on Ownership by Major Shareholders (31/03/2015)

>   MWG: Report on Results of Trading of Shares of affiliated organization (31/03/2015)

>   KBC: Report on Change in Ownership by Major Shareholders (31/03/2015)

>   CTD: Report on Ownership by Major Shareholders (31/03/2015)

>   CII: Notice of trading of shares of affiliated organization (31/03/2015)

>   LAF: Notice of trading of shares of affiliated organization (01/04/2015)

>   C21: Report on Results of trading of shares of affiliated organization (01/04/2015)

>   LAF: Transaction of affiliated institutional investor (01/04/2015)