The State Securities Commission has approved Mobile World Investment Corporation (MWG) to repurchase 10 million treasury shares, equivalent to 0.7% of the total outstanding shares.
The transaction will take place from November 19 to December 18 via direct order matching on the stock exchange, with a maximum purchase price of VND 200,000 per share. The company plans to buy 3-10% of the registered volume per session, approximately 300,000 to 1 million shares daily.
According to the shareholder notice, MWG sets the minimum purchase price at VND 10,000 and the maximum at VND 200,000 per share, calculated as “reference price plus 50% of the stock’s price fluctuation range.”
At the ceiling price, the total transaction value could reach VND 2 trillion, funded from retained earnings of over VND 12,582 billion by the end of 2024.
Companies and insiders actively buy back shares amid market downturn
This move signals the company’s effort to support its share price and reinforce confidence in its intrinsic value during a volatile market period. On November 11, MWG shares traded at around VND 77,000. Upon completion, the company’s charter capital will decrease, while shareholder ownership ratios will increase due to reduced outstanding shares.
MWG isn’t alone; multiple listed company executives have recently registered to purchase shares to bolster market confidence. Khải Hoàn Land Chairman Nguyễn Khải Hoàn acquired 13.58 million KHG shares from his spouse between October 24 and November 7, increasing his stake to 34.99% from 31.97%.
Earlier, EDX Group’s Chairman announced plans to purchase 4 million DCS shares between November 10-28, reflecting a broader trend of executives increasing holdings to demonstrate long-term commitment to investors.
Tân Đại Hưng Plastic Aims to Slash Authorized Capital by Over 25% Through Share Buyback
At the Extraordinary General Meeting of Shareholders on December 1, 2025, Tan Dai Hung Plastic Joint Stock Company (HOSE: TPC) will propose a share buyback plan to repurchase 5.7 million shares, representing 25.31% of the total outstanding shares.
MWG Officially Registers to Purchase 10 Million Treasury Shares
MWG is set to execute a treasury stock purchase via order matching, scheduled to take place from November 19, 2025, through December 18, 2025.
The Iron Fists of Nguyen Duc Tai
Following a period of quantitative growth, MWG has undergone a robust restructuring over the past two years and is now entering a new phase of growth driven by its enhanced “quality.” This momentum is fueled by the strategic and impactful initiatives led by Mr. Nguyễn Đức Tài.
World Mobile Group Establishes Two Subsidiaries to Oversee An Khang Pharmacies and AVAkids Chains
World of Mobile invests 2.7 trillion VND to establish two new subsidiaries, strategically managing the An Khang pharmaceutical retail sector and the AVAkids mother & baby segment.
MWG Spins Off An Khang and AvaKids, Establishing Two Subsidiaries with Combined Capital of VND 2,700 Billion
Mr. Nguyen Duc Tai’s retail enterprise is set to undergo a comprehensive restructuring of its An Khang and AvaKids segments, which will be managed through two newly established legal entities.
