Vibhavadi Hospital Public Company Limited Reduces Paid-Up Capital Following Share Repurchase Program
Vibhavadi Hospital Public Company Limited, a leading healthcare provider in Thailand, has announced a reduction in its paid-up capital following the unsuccessful disposal of repurchased shares. The company's Board of Directors approved the disposal of 91,400,000 shares, representing 0.67 percent of the total issued shares, under the share repurchase program. Despite the specified period from August 18 to 20, 2025, the company was unable to dispose of the shares, leading to a reduction in its paid-up capital.
Key Takeaways:
- The Board of Directors of Vibhavadi Hospital Public Company Limited approved the disposal of 91,400,000 shares, representing 0.67 percent of the total issued shares, under the share repurchase program.
- The disposal period was set from August 18 to 20, 2025, but the company was unable to dispose of the shares.
- As a result, the company is required to reduce its paid-up capital by writing off the repurchased and unsold registered shares in the total amount of 91,400,000 shares.
- The reduction in paid-up capital will result in a change in the company's capital structure, with a new paid-up capital of 13,484,805,796 shares, at a par value of Baht 0.10 per share, totaling Baht 1,348,480,579.60.
- The company will proceed with the registration of the change in registered capital with the Ministry of Commerce and will further report through the SET Disclosure system.
Statistics:
- Total number of repurchased shares to be written off: 91,400,000 shares
- Par value of each share: Baht 0.10 per share
- Total par value of written-off shares: Baht 9,140,000
- Previous paid-up capital: Baht 1,357,620,579.60
- New paid-up capital: Baht 1,348,480,579.60
- Reduction in paid-up capital: 8,140,000
Sources:
- Stock Exchange of Thailand: Company Announcement dated August 20, 2025
- Ministry of Commerce: Ministerial Regulation regarding the Rules and Procedures on Share Repurchase, Disposal of Repurchased Shares, and Write-off of Repurchased Shares B.E. 2544 (2001), as amended by the Ministerial Regulation (No. 2) B.E. 2565 (2022)