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NVL stock closed at the floor on May 4, 2026, after the share price fell 6.83% to 19.10 points. Trading activity in the morning reached more than 32.5 million shares.
The decline followed a period in which the stock traded around 10,000 dong per share in March 2026 and moved to about 20,000 dong by late April. The adjustment occurred as the market resumed trading after the long holiday and coincided with new governance and capital disclosures by the company.
After the annual general meeting on April 23, Bùi Cao Nhật Quân officially assumed the position of Chairman of the Board for the 2026–2031 term, replacing Bùi Thành Nhơn. Bùi Thành Nhơn moved to chair the newly established Strategy - ESG Committee.
The new board consists of 5 members and is tasked with executing the 2026 business plan, including targets of:
Prior to the holiday, under Resolution No. 20/2026-NQ.HĐQT-NVLG dated April 29, 2026, Novaland completed a capital increase after issuing shares to convert bonds. Charter capital increased by more than 24.7 billion dong, bringing total charter capital to 22,344.96 billion dong.
The issuance was based on bondholders exercising conversion rights since March 2026 and was reported by the State Securities Commission on April 24, 2026.
Under the approved operating plan, in 2026 the group focuses on delivering more than 2,600 products and issuing more than 4,300 pink certificates for its projects. Profits carried over from 2025 that have not yet been distributed are retained to support plans to revive business activities.
These governance and capital-structure adjustments are intended to support meeting project progress commitments to customers and shareholders in the new term.
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…
