The Board of Directors of Educational Book JSC in Ho Chi Minh City (HASTC:SGD) authorized a share repurchase program on July 27, 2012. Under program, the company will repurchase up to 200,000 shares. Repurchases will be done at market price, not above VND 10,000 per share, through continuous order matching and negotiations. Repurchased shares will be held in treasury. The repurchase program will be financed from profit after tax. The repurchases will commence from August 1, 2012 and will continue till October 31, 2012. As of July 27, 2012, the company has 581,400 shares in treasury. Vietcombank Securities Co., Ltd acted as the broker to the company for the buyback transaction.