Vista Land Board Approves Treasury Shares Sale
Las Pinas–(PHStocks)–The Board of Directors of Vista Land & Lifescapes Inc. (PSE: VLL) authorized the Company to sell all of its existing treasury shares totaling 133,910,000 shares (the Treasury Shares) to meet demand from investors and increase liquidity of the Company’s shares of stock.
The Board likewise authorized the implementation of all necessary corporate and other actions to proceed with the sale of the aforementioned Treasury Shares, and further authorized and empowered Management to determine and decide on the price at which the Treasury Shares shall be sold.