Nagakawa CEO Eyes 1.5 Million Share Buyback as Stock Hits Record Low

Ms. Nguyễn Thị Huyền Thương, Vice Chairwoman and CEO of Nagakawa Corporation (HNX: NAG), has registered to purchase 1.5 million NAG shares to restructure her investment portfolio. The transaction is scheduled to take place between November 7th and 28th.

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Upon completion, Mrs. Thuong will become a major shareholder of Nagakawa, increasing her ownership from 4.26% (1.6 million shares) to 8.15% (over 3.1 million shares).

NAG stock performance from the beginning of 2024 to the session on 06/11/2025

This move follows three consecutive floor-dropping sessions (03-05/11), causing the NAG stock price to plummet by 26%, from 11,500 VND/share to 8,500 VND/share, and losing half its value compared to the peak of 16,900 VND/share in mid-August. However, immediately after the CEO’s purchase registration, NAG shares rose by 2.35% to 8,700 VND/share in the morning session on 06/11, ending the floor-dropping streak. At this price, Mrs. Thuong is expected to spend approximately 13 billion VND to complete the transaction.

The NAG stock price declined sharply after the company announced its Q3/2025 financial report, showing a net loss of nearly 800 million VND, in contrast to a profit of 3 billion VND in the same period last year. The main reason was the rapid increase in cost of goods sold, outpacing revenue growth, while interest expenses and selling costs also rose significantly.

Nevertheless, in the first nine months of the year, Nagakawa still achieved a net profit of 30 billion VND, a 14% increase year-on-year, fulfilling 87% of its annual plan.

Established in 2002 in Vinh Phuc, Nagakawa Vietnam Joint Stock Company (formerly Nagakawa Vietnam Joint Venture) operates in the production and trading of electronics, refrigeration, and kitchen equipment. Currently, the company has dozens of branches nationwide and nearly 5,000 distribution agents.

Khang Di

– 10:58 06/11/2025

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