Recently, several companies such as Mobile World Investment Corporation (MWG) and T-Corp Asset Management Group have announced stock buybacks. MWG plans to repurchase 10 million shares from November 19 to December 18, 2025, with an estimated funding of 800 billion VND. T-Corp completed the purchase of 14.46 million shares for approximately 170 billion VND. Tan Dai Hung Plastic (TPC) plans to buy back 5.7 million shares at an extraordinary general meeting in December, with a maximum purchase price of 13,500 VND per share to reduce its charter capital. New regulations prohibit the resale of treasury shares after purchase, making this strategy a financial restructuring method aimed at improving financial metrics like EPS and ROE, although it may increase debt-to-equity ratio. MWG emphasizes that the buyback is not to stabilize the share price but to enhance the actual value for shareholders. TPC is forced to repurchase due to high competition from China. Gemadept (GMD) also plans to buy back 21 million treasury shares but will only execute if the price is below book value. The decision to buy back shares is now viewed as a long-term measure, depending on financial health and leadership commitment.
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