The Board of Directors of Danang Education Development & Investment Joint Stock Company (HASTC:DAD) authorized a share repurchase program on May 2, 2012. Under the program, the company will repurchase up to 50,000 shares at the market price for treasury. The shares will be repurchased through negotiation or continuous order matching. The company will utilize its undistributed profits after tax to finance the program. The repurchase program will be valid from May 10, 2012 until August 2, 2012. As of May 8, 2012, the company has 190,900 shares in treasury. Vietcombank Securities Company Limited acted as the broker to the company in the buyback transaction. Danang Education Development & Investment Joint Stock Company completed the share repurchase program on June 28, 2012.