Coteccons Construction Joint Stock Company (HOSE:CTD) announces a share repurchase program. Under the program, the company will repurchase up to 4,900,000 shares, representing 6.18% of its issued share capital. The purpose of the program is to prepare stock sources for the next ESOP issuance and to increase shareholders' value. The program will be funded from the surplus of equity. The purchase term must not exceed 30 days from the commencement. As of December 9, 2020, the company had 79,255,000 shares in issue and 2,962,427 shares in treasury.