Danang Housing Development Joint Stock Company announces an Equity Buyback for 500,000 shares.
April 16, 2018 at 03:40 am EDT
Danang Housing Development Joint Stock Company (HNX:NDX) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares. The repurchases will be funded from the retained earnings after tax of the year 2017 in the audited financial statements. The purpose of the program is to reduce the number of outstanding shares, support transactions and increase value for shareholders. The program expected to be end on May 18, 2018.