T.A.C. Consumer Public Company Limited announces an Equity Buyback for 11,000,000 shares, representing 1.81% for THB 50 million.

T.A.C. Consumer Public Company Limited (SET:TACC) announces a share repurchase program. Under the program, the company will repurchase up to 11,000,000 shares, representing 1.81% of its issued share capital, for THB 50 million. The repurchase price should not exceed 115% of the average closing price of 5 trading days prior to the share repurchase date.

The purpose of the share repurchases is to maximize the benefit from the company's excess liquid management and increase the return on equity and earnings per share. The program will be valid until February 16, 2024. As of August 10, 2023, the company has 608,000,000 shares are issued and outstanding.