Tuesday, 16/06/2015 17:04

TLH: Tien Len Steel to buy back stock

Tien Len Steel Corporation Joint - Stock Company has registered to repurchase its own shares to increase the number of treasury shares as follows:

-          Number of shares registered to buy back: maximum: 3,000,000 shares; minimum: 1,000,000 shares.

-          Purpose: to stabilize the stock price on the market

-          Financial resource: capital surplus, investment development fund, undistributed after-tax profit, financial reserve fund on the audited financial statements in 2014.

-          Trading period: from June 17, 2015 to July 16, 2015

-          Trading method: order-matching and/or put-through

-          Buying price: from VND4,000/share to VND13,000/share

-          Agent company: MB Securities Joint Stock Company – HCMC Branch.

HOSE

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