On November 19, 2018, the Board of Directors of Hang Xanh Motors Service Joint Stock Company approved the buyback of shares to make its treasury shares as follows:
- Stock name: Hang Xanh Motors Service Joint Stock Company
- Stock type: common share
- Stock code: HAX
- Par value: VND10,000/share
- Number of registered shares to buy: 1,000,000 shares
- Number of treasury shares before trading: 0 share
- Number of treasury shares after trading: 1,000,000 shares
- Purpose: to decrease the number of outstanding shares and to increase HAX stock value.
- Trading method: order matching or put through.
- Time of implementation: expected in November 2018 or January 2019.