Petroleum General Distribution Services Joint Stock Company (HNX:PSD) announces a share repurchase program. Under the program, the company will repurchase up to 870,000 shares, representing 2.84% of its issued share capital. The shares will be repurchased at a minimum price of 10,000 VND per share and a maximum price of to 20,000 VND per share. The purpose of the program is to stabilize market price. The program will be funded from undistributed profit after tax in the audited consolidated Financial Statement of 2020. The repurchases are subject to approval from the State Securities Commission of Vietnam. The program will expire on December 29, 2021. As of November 11, 2020, the company had 62,700 shares in treasury.