An Gia Real Estate Investment and Development Corporation announces an Equity Buyback for 500,000 shares, representing 0.61% of its issued share capital.
November 03, 2020 at 06:46 am
An Gia Real Estate Investment and Development Corporation (HOSE:AGG) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 0.61% of its issued share capital. The shares repurchased will be held as treasury shares. The purpose of buyback program is to optimize value for shareholders. The buyback will be funded from surplus capital and/or undistributed after-tax profit in compliance with the laws. The repurchases are subject to the approval of the State Securities Commission of Vietnam. As of October 28, 2020, the company has 74,750 shares in treasury.