Stock Exchange of Thailand Approves Share Repurchase Program

The Stock Exchange of Thailand has announced that it has approved the Share Repurchase Program (Treasury Stock) for a leading company, allowing it to repurchase up to 31.25 million shares, equivalent to 3.6% of its total capital, for financial management purposes. The program will run from March 5, 2025, to September 4, 2025, and the shares will be repurchased through the stock exchange's trading system. The total amount paid for the repurchased shares was Baht 238,904,505.

Key Takeaways:

• The Stock Exchange of Thailand has approved a Share Repurchase Program (Treasury Stock) for a leading company, allowing it to repurchase up to 31.25 million shares, equivalent to 3.6% of its total capital, for financial management purposes.
• The program will run from March 5, 2025, to September 4, 2025, and the shares will be repurchased through the stock exchange's trading system.
• The total amount paid for the repurchased shares was Baht 238,904,505.
• The company can resell the repurchased shares after 3 months from completion, but not exceeding 3 years.
• If the company does not resell or remain unsold the repurchased shares by the end of the specified resale period, it shall reduce its paid-up capital by canceling all unsold repurchased shares.
• The company will propose the resale of the repurchased shares to its Board of Directors' meeting for consideration and will further announce the details.

Statistics:

• Number of shares repurchased: 31.25 million
• Percentage of total capital repurchased: 3.6%
• Total amount paid for repurchased shares: Baht 238,904,505
• Project period: March 5, 2025, to September 4, 2025
• Resale period: 3 months to 3 years from completion

Sources:

• Stock Exchange of Thailand, "Share Repurchase Program (Treasury Stock)" [1] (https://www.set.or.th/en/home)
• Stock Exchange of Thailand, "Announcement: Share Repurchase Program (Treasury Stock)" [2] (https://www.set.or.th/en/home)