HSG: Board approves to repurchase shares from ex-employees

According to Decision No.311 dated May 08, 2019, the Board of Directors of Hoa Sen Group approved the buyback of shares from its ex-employees, who participated in the 2017 ESOP, as follows:

-       Number of treasury shares before trading: 161,500 shares

-       Number of shares registered for share buyback: 41,600 shares

-       Buying price: VND10,000/share

-       Financial resource: the undistributed after-tax profit

-       Trading period: within 30 days after the State Securities Commission approves the share buyback and the Company discloses as regulated.

-       Trading method: to transfer the ownership via the Vietnam Securities Depository.

-       Agent for buyback: MB Securities Joint Stock Company.

HOSE

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