The Board of Directors of Song Da 1.01 Joint Stock Company (HASTC:SJC) authorized a share repurchase program on October 18, 2011. Under the plan, the company will repurchase up to 445,000 shares at the market price. The shares will be repurchased through negotiation or continuous order matching. The company will hold these shares in treasury. The company will use its investment and development fund to finance the program. The program will commence on October 31, 2011 and will continue until January 31, 2012. As of October 18, 2011, the company has VND 44.68 billion as charter capital and no shares in treasury. VPBank Securities Company, Ltd acted as the broker to the company. Song Da 1.01 Joint Stock Company's share repurchase program expired on January 31, 2012. Under the program, the company repurchased 139,000 shares.