Hang Xanh Motors Service Joint Stock Company (HOSE:HAX) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 common shares. The purpose of the program is to decrease the number of outstanding shares and to increase the stock value. The repurchase program will be funded from the undistributed after-tax profit. The repurchased shares will be held in treasury. As of November 19, 2018, the company had no shares held in treasury.