The Board of Directors of Vietnam Electricity Construction 2 Joint Stock Company (HASTC:VE2) authorized a share repurchase program on May 10, 2012. Under program, the company will repurchase up to 80,000 shares. Repurchases will be done at market price through negotiation or continuous order matching. Repurchased shares will be held in treasury. The repurchase program will be financed by retained earnings, investment and development fund. The repurchases will commence from May 14, 2012 and will continue till June 29, 2012. As of May 10, 2012, the company had no shares in treasury.