The Board resolution dated June 03, 2020, the BOD of Post and Telecommunications Investment and Construction Joint Stock company approved to adjust the plan to buy treasury shares at Article 1 of the Board resolution dated May 20, 2020 as follows:
- Number of shares registered to buy: 2,700,000 shares (instead of 2,600,000 shares)
- Purpose: to buy back shares as treasury shares, to reduce the number of outstanding shares and raise the value of shareholders.
- Expected trading period: within 30 days after being approved by the State Securities Commission of Vietnam (SSC). Q2.2020 or Q3.2020
- Trading method: order matching or put through.
- Purchase price: as the market price.