The Board of Directors of Saigon Plastic Packaging JSC (HASTC:SPP) authorized a share repurchase program on December 23, 2011. Under the program, the company will repurchase up to 400,000 shares, at market prices through negotiation or continuous order matching. The shares will be repurchased in order to restructure its capital. The program will be funded using the retained earnings of 2010. The program will commence from December 28, 2011 and will end on March 26, 2012. As of December 23, 2011, the company has 192,200 shares in treasury. SaiGon Thuong Tin Securities Company Limited acted as the broker to the company. Saigon Plastic Packaging JSC's share repurchase program expired on March 26, 2012. Under the plan, the company has repurchased 344,000 shares.