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SNC Former Public Company Limited Completes Share Repurchase Program

Strategic Insights

— 1 min read

SNC Former Public Company Limited has finalized its Share Repurchase Program for Financial Management Purpose (Treasury Stock), which was approved on February 17, 2025. The program aimed to repurchase a maximum of 36,000,000 shares, not exceeding 9.94% of the company's total paid-up shares, for a total amount of Baht 180,000,000. Despite setting the period from February 24, 2025, to August 23, 2025, the company concluded the repurchase on the scheduled end date, purchasing only 194,000 shares.

Key Takeaways:

  • SNC Former Public Company Limited approved a Share Repurchase Program for Financial Management Purpose on February 17, 2025, with a maximum of 36,000,000 shares to be repurchased, not exceeding 9.94% of the company's total paid-up shares.
  • The program was scheduled to run from February 24, 2025, to August 23, 2025, but was completed on the scheduled end date.
  • The company repurchased 194,000 shares, representing 0.05% of the company's total paid-up shares, with an aggregate repurchase value of Baht 1,304,760.
  • SNC Former Public Company Limited is required to resell the repurchased shares within 3 years, failing which they will need to reduce their paid-up capital by canceling the repurchased shares that have not been resold.
  • The company's Board of Directors will further consider the resale period for the Share Repurchase Program in a future meeting.

Statistics:

  • Maximum number of shares to be repurchased: 36,000,000
  • Maximum total repurchase amount: Baht 180,000,000
  • Total number of shares repurchased: 194,000
  • Aggregate repurchase value: Baht 1,304,760
  • Repurchased shares as a percentage of total paid-up shares: 0.05%
  • Scheduled start and end dates of the Share Repurchase Program: February 24, 2025, to August 23, 2025

Sources:

  • The Stock Exchange of Thailand, "Share Repurchase Program for Financial Management Purpose (Treasury Stock)", February 17, 2025.

https://www.set.or.th/en/home

  • SNC Former Public Company Limited's press release announcing the completion of the Share Repurchase Program, August 23, 2025.

https://www.set.or.th/en/home

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