Elcom Vice Chairman Seeks to Offload Shares as ELC Approaches Historic Peak

As shares of Elcom Technology and Telecommunication JSC (HOSE: ELC) surged to their highest levels in months, Vice Chairman of the Board Nguyen Duc Thien registered to sell 500,000 shares to meet personal financial needs.

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The anticipated transaction period is from January 20th to February 12th. Upon completion, Mr. Thien’s ownership stake in Elcom will decrease from 1.42% to 0.97%, equivalent to holding approximately 1.06 million shares.

Notably, Mr. Thien’s selling registration was announced during a significant surge in ELC stock prices. By the close of trading on January 15th, ELC shares hit the upper limit, rising to 25,150 VND per share, reversing a nearly two-week downward trend. At this ceiling price, the value of the shares Mr. Thien intends to sell is approximately 12.6 billion VND.

Following this sharp increase, ELC shares are approaching their all-time high of 26,000 VND per share, set in early March 2025. Compared to the lows recorded in April 2025, the current ELC stock price has nearly doubled.

Over the past year, the stock has seen a nearly 16% increase, with average trading volume exceeding 800,000 shares per session.

ELC Stock Price Movement Since the Beginning of 2025

Tùng Phong

– 08:59 16/01/2026