Dabaco (DBC) CFO Nguyen Thi Thu Huong Registers to Buy 2 Million Shares

Overview

Dabaco Group (HOSE: DBC) Vice Chairwoman and CFO Nguyen Thi Thu Huong has registered to buy 2 million DBC shares to increase her ownership ratio, according to an insider transaction disclosure. The purchase would raise her stake from 1.08% to 1.54% of the company’s charter capital, with the transaction scheduled from October 6 to November 4, 2026.

Key Facts

• Buyer: Nguyen Thi Thu Huong, Vice Chairwoman of the Board, Deputy General Director and Chief Financial Officer of Dabaco Group.
• Registered volume: 2,000,000 DBC shares.
• Ownership before the transaction: nearly 4.7 million shares, equal to 1.08% of capital.
• Ownership after the transaction: nearly 6.7 million shares, equal to 1.54% of capital.
• Transaction window: October 6, 2026 to November 4, 2026.
• Method: put-through (thoa thuan) and/or order matching (khop lenh).
• Reference price: DBC closed at 15,000 on October 1, 2026.

What Happened

The transaction was disclosed through a standard insider registration notice filed with the company and the exchange, as required for officers and board members of listed Vietnamese issuers. Nguyen Thi Thu Huong, who serves as Vice Chairwoman of the Board of Directors, Deputy General Director and Chief Financial Officer of Dabaco Group, stated that the purpose of the purchase is to increase her ownership ratio. The registration covers 2 million shares, executed via put-through and/or order matching during the October 6 to November 4, 2026 window.

Before the transaction, she held nearly 4.7 million DBC shares, or 1.08% of the company’s capital. If completed in full, her holding would rise to nearly 6.7 million shares, or 1.54%. The article does not disclose a target purchase price or the total value of the transaction, and the filing does not indicate whether any portion has already been executed.

Market Context

DBC trades on the Ho Chi Minh City Stock Exchange (HOSE) and closed at 15,000 on October 1, 2026. The insider registration comes after a mixed first half: audited semi-annual 2026 results showed net revenue of more than VND 8,377 billion, up 12.8% year on year, while after-tax profit fell 34.7% to nearly VND 663.2 billion. That result equals 59.4% of the company’s full-year 2026 net profit plan of VND 1,117 billion. Total assets rose 11% from the start of the year to more than VND 17,734.3 billion as of June 30, 2026, while total liabilities increased 16.5% to more than VND 9,213.1 billion.

Strategic Significance

The purchase is a signal from a senior executive with direct visibility into Dabaco’s finances, arriving while the shares sit at 15,000 and profit is running well behind the prior-year pace. The company has also disclosed how it deployed proceeds from its 2024 equity and ESOP issuance: of more than VND 1,330 billion raised, over VND 1,285.3 billion had been invested in Dabaco Vegetable Oil Company Limited for the soybean crushing and refining plant as of June 25, 2026, with nearly VND 44.7 billion added to working capital. For long-term investors, the key question is whether the soybean oil project and the core feed-to-farm complex can restore earnings growth against a 34.7% first-half decline, and whether management ownership increases continue beyond this single registration.

What to Watch

• Disclosure of the actual number of shares bought and the resulting ownership percentage after the November 4, 2026 window closes.
• Third-quarter 2026 financial statements, to test whether the first-half profit decline is reversing.
• Progress updates on the Dabaco soybean crushing and refining plant and further drawdown of the VND 1,330 billion issuance proceeds.
• Any additional insider registrations by board members or major shareholders.
• Full-year 2026 profit delivery against the VND 1,117 billion plan.