The Board of Directors of Danang Education Development & Investment Joint Stock Company (HASTC:DAD) authorized a share repurchase program on July 12, 2012. Under the program, the company will repurchase up to 100,000 shares at the market price through continuous order matching. The company will utilize its retained earnings and finance reserve fund to finance the program. The repurchased shares will be held in treasury. The repurchase program will be valid from July 16, 2012, to October 6, 2012. As of July 12, 2012, the company has 240,900 shares in treasury.

Vietcombank Securities Company Limited acted as the broker to the company in the buyback transaction.


Danang Education Development's share repurchase program expired on September 12, 2012. Under the plan, the company has repurchased 99,900 shares.