YEG: Resolution on share buyback
YEG: Resolution on share buyback
According to Board Resolution No.1803A/2019/NQ-HDQT/YEG dated March 18, 2019, the Board of Directors of Yeah1 Group Corporation approved the following issues:
- Approving to change the plan for capital allocation from the private offering in 2018. Accordingly, Yeah1 Group Corporation will use a part of proceeds of the private offering to repurchase shares.
- Approving the plan for share buyback (replacing the plan announced in Resolution No.0703A-YEG/2019/NQ-HDQT dated March 07, 2019), as follows:
- Stock code: YEG
- Number of treasury shares before trading: 0 shares
- Number of shares expected to repurchase: 3,127,990 shares (9.999% of total issued shares)
- Number of treasury shares after trading: 3,127,990 shares
- Trading period: within 30 days from the date when the State Securities Commission announces that it receives enough documents of share buyback and after 07 days from the date when the Company discloses as regulated.
- Trading method: order-matching and put-through.
HOSE