Wice Logistics Public Company Limited (SET:WICE) announces a share repurchase program. Under the program, the company will repurchase up to 13,000,000 shares, representing 2% of its share capital for THB 170 million. The repurchase price shall not exceed 115% of the average closing price of five consecutive business days prior to each repurchase date.

The purpose of the plan is to conduct confidence to company's shareholders, maximize the benefits of the company's excess liquidity, and enhance the rate of return on equity and earning per share. The plan will be valid till July 18, 2023. As of March 10, 2022, the company had 651,899,500 shares outstanding.