Novaland CEO receives over VND 107 billion from share sale
Novaland CEO Dương Văn Bắc sold more than 10.6 million shares on November 2 and 3, 2026, for an estimated VND 107 billion, reducing his stake to 0.215%. Parties linked to the chairman registered to sell more than 9.4 million shares, while the company outlined its project revenue and profit forecasts for 2026–2030.
Novaland (CTCP Đầu tư Địa ốc No Va) board member and CEO Dương Văn Bắc sold more than 10.6 million NVL shares through negotiated transactions on November 2 and 3, 2026, equivalent to 0.442% of the company's charter capital. After the transactions, his stake fell to 0.215%, or approximately 5.2 million shares.
Across those two trading days, nearly 16.1 million NVL shares changed hands through negotiated transactions, with a total value of about VND 162 billion. Most of that volume came from Dương Văn Bắc's transactions, at an average negotiated price of VND 10,073 per share. Based on that price, he received an estimated VND 107 billion from the sale.
Two other parties linked to the chairman registered to sell a combined total of more than 9.4 million shares. Cao Thị Ngọc Sương, mother of chairman Bùi Cao Nhật Quân, plans to sell 6.3 million shares between November 5 and 26, 2026, to rebalance her investment portfolio. If completed, the sale would reduce her stake from 2.2% to about 1.9%. The affiliated company NovaGroup (CTCP NovaGroup) registered to sell more than 3.1 million shares between November 5 and December 4. Previously, a securities company had forcibly sold 780,000 of its NVL shares between October 28 and 30.
At the close on November 10, 2026, NVL shares traded at VND 10,850 each, giving the company a market capitalization of about VND 34.769 trillion. The shares rose for a second consecutive trading day, while foreign investors were net buyers for a fifth consecutive session, purchasing more than VND 101 billion on a net basis that day.
NVL share price performance over the past three years.（VietVance）
At an investor meeting on November 7, Novaland's head of investor relations, Nguyễn Thị Xuân Hân, said the company expects its projects under development to generate a combined VND 516.829 trillion in revenue and VND 188.313 trillion in project profit from 2026 to 2030. The plan is based on four project clusters. The company expects project revenue to peak at more than VND 205 trillion in 2029 before falling to VND 130.9 trillion in 2030.
Source: VietVance
