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VJC: Board resolution on share buyback

Jul 11th at 16:14
11-07-2019 16:14:22+07:00

VJC: Board resolution on share buyback

According to the Board resolution dated July 09, 2019, the Board of Directors of VietJet Aviation Joint Stock Company approved the plan for share buyback from ESOP as follows:

-       Number of shares to be repurchased: 25,000,000 shares, equivalent to 4.61% charter capital

-       Purpose: to repurchase shares to make its treasury shares to reduce the number of outstanding voting shares, support trading and increase shareholders value.

-       Trading method: order matching or put through

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

 

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