•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
KIDO Group Joint Stock Company (HOSE: KDC) has approved a share buyback plan to repurchase up to nearly 14.5 million shares, representing about 5% of its outstanding shares, at a maximum price of 70,000 dong per share.
The board’s resolution follows prior approval by an extraordinary general meeting of shareholders in 2026. Under the plan, KIDO said the buyback is intended to reduce charter capital and/or protect the interests of existing shareholders.
KIDO expects to conduct the repurchases via open market matching and/or through a securities company using a negotiated method.
The company targets a buyback price range of 40,000-70,000 dong per share. At the maximum price, KIDO estimates the total spending would be about VND 1,014 billion.
Funds for the buyback will come from the company’s excess charter capital as of 31/12/2025, based on KIDO’s standalone financial statements for 2025.
The trading period is expected to take place in Q2 and Q3 2026, after the State Securities Commission confirms receipt of the full buyback report and the company completes the required information disclosure procedures.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
