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Friday, March 13, 2026

Vinh Hoan plans VND945 billion share buyback as stock declines

The Saigon Times

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HCMC – Vinh Hoan Corporation (HOSE: VHC) has approved a plan to buy back up to 15 million shares at a maximum price of VND63,000 per share, with a total value of up to VND945 billion, as the company’s stock has fallen 14.7% since early February 2026.

The buyback aims to reduce charter capital and/or increase shareholder value. It is expected to be carried out within two months after receiving approval from the State Securities Commission.

Regarding business performance, in the fourth quarter of 2025, Vinh Hoan reported revenue of VND2.71 trillion, down 14.7% year-on-year, while its after-tax profit fell 43.4% to VND244.96 billion. Its gross profit margin declined from 18.3% to 15.8% compared with the same period last year.

Closing the trading session today, March 12, VHC shares fell 0.51% to VND58,700, with 696,200 shares traded, so now the company has a market capitalization of around VND13.18 trillion.

The VN-Index dropped 18.73 points, or 1.08%, to 1,709.61 points, with 205 losers and 138 gainers. Total trading volume reached 956.7 million shares valued at VND27.18 trillion, down 4.1% in volume and 7.9% in value compared with the previous session.

Large-cap stocks led the decline, with the VN30-Index losing more than 30 points as 23 stocks fell. Energy stocks PLX and GAS dropped sharply by 5.8% and 4.2%, respectively.

On the Hanoi Stock Exchange, the HNX-Index edged up 0.34% to 247.85 points, supported by stronger demand. Total trading volume reached 89.75 million shares worth VND1.74 trillion.

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