Vibhavadi Medical Center Public Company Limited (SET:VIBHA) announces a share repurchase program. Under the program, the company will repurchase up to 540,000,000 shares, representing 3.98% of its issued share capital, for THB 1,200 million. The repurchase price shall not exceed 115 percent of the average closing price of 5 consecutive business days prior to each repurchase date.

The purpose of the program is to manage the company?s excess liquidity and also enhance the return on equity and to enhance the company prosperous financial and future prospective confidence. The program will be valid till September 4,2024. As of March 13, 2023, the company had 13,576,011,474 shares outstanding.