Friday, 03/04/2020 14:18

PTB: BOD resolution on planning the purchase of treasury shares

On March 25, 2020, the Board of Directors of Phu Tai Joint Stock Corporation approved to plan to repurchase shares as treasury shares with the following details:

-   Number of treasury shares before trading: 1,300,000 shares

-   Number of shares registered to buy: 1,500,000 shares

-   Purpose: to decrease the number of outstanding shares, to increase the trading value.

-   Expected trading period: after being approved by the Vietnam Securities Commission of Vietnam (SSC).

-   Purchase price: VND 60,000 (maximum)

-   Trading method: Order matching or put through.

HOSE

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