Global Electrical Technology Corporation (HASTC:GLT) announces a share repurchase program. Under the plan, the company will repurchase up to 800,000 shares, at a maximum price of VND 28,000 per share for VND 22,400 million. The shares will be repurchased at market price. The purchases will be made through order matching or put through method. The program will be funded from undistributed after-tax profit and capital surplus. The purpose of the program is to decrease idle capital resources. The program will continue until November 3, 2016. On September 22, 2016, the company amended the repurchase program to repurchase up to 780,000 shares. The repurchase program will continue until November 12, 2016.