Srivichai Vejvivat Completes Share Repurchase Program

Strategic Insights -

The Stock Exchange of Thailand announced on February 28, 2025, that Srivichai Vejvivat Public Company Limited approved a Share Repurchase Program for Financial Management (Treasury Stock), with a budget not exceeding 200 million Baht and a total number of shares not exceeding 26,666,666. The program, scheduled from March 17, 2025, to September 16, 2025, aimed to acquire shares for financial management purposes. After the program's completion, the company repurchased a total of 404,700 shares, equivalent to 0.07% of the total issued shares.

Key Takeaways:

  • The Share Repurchase Program for Srivichai Vejvivat Public Company Limited was approved on February 28, 2025, with a budget of up to 200 million Baht and a total number of shares not exceeding 26,666,666.
  • The repurchase period was from March 17, 2025, to September 16, 2025.
  • The company repurchased 404,700 shares, accounting for 0.07% of the total issued shares.
  • The total payment made for the repurchased shares was 2,787,045 Baht.
  • In accordance with regulations, the company may resell the repurchased shares after 3 months from the program's end date but not later than 3 years.
  • If the company does not resell the repurchased shares or there are shares remaining unsold by the end of the resale period, the company will reduce its paid-up capital by writing off all unsold shares.
  • The company will further propose the resale of repurchased shares to the Board of Directors' meeting for consideration.

Statistics:

  • Total budget for the Share Repurchase Program: up to 200 million Baht
  • Total number of shares to be repurchased: up to 26,666,666 shares
  • Actual number of shares repurchased: 404,700 shares
  • Total payment made for repurchased shares: 2,787,045 Baht
  • Percentage of total issued shares repurchased: 0.07%

Sources:

  • Stock Exchange of Thailand's announcement on February 28, 2025, regarding the Share Repurchase Program of Srivichai Vejvivat Public Company Limited ([link](https://www.set.or.th/en/home))