One Communication Technology Corporation announces an Equity Buyback for 112,000 shares, representing 1.41% of its issued share capital.
November 26, 2020 at 11:12 pm
One Communication Technology Corporation (HNX:ONE) announces a share repurchase program. Under the program, the company will repurchase up to 112,000 common shares, representing 1.41% of its issued share capital. The purpose of the program is to support financial restructuring. The program will be funded using development and investment fund. The repurchase program is expected to expire on December 31, 2020. As of November 27, 2020, the company has 79,603,100,000 shares in issue and 20,500 shares were held in treasury.