The Investment and Construction Development Corporation (DIC Corp, HoSE: DIG) has approved a plan to buy back a maximum of 5% of its circulating shares to increase value for existing shareholders. However, this plan will have to wait until June 2026 due to legal regulations regarding share buybacks after a public offering. Currently, DIG’s share price has dropped by more than 43% since its peak in October 2025. Chairman Nguyen Hung Cuong and two relatives have faced margin calls, selling over 6 million shares. The funding for the buyback will come from undistributed profits and will involve around 561 billion VND. DIC Corp reported impressive growth in revenue and profit in 2025, with total revenue reaching 4,726 billion VND, up 260% year-over-year. However, the implementation of the share repurchase plan must wait until after June 12, 2026.
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