TOA publicizes the tip of the share buyback challenge, which price 718 million baht, which acquired 30.4 million shares.

Mr. Chatuphat Tangkaravakoon, Chief Government Officer of the Firm TOA Details about the corporate Paint (Thailand) Public Firm Restricted, shares trade Paint (Thailand) Public Firm Restricted.TOA) notification via the Inventory Alternate of Thailand that the corporate has endedPurchase again sharesA share buyback challenge for monetary administration (Monetary Inventory) has been accomplished.

In accordance with the assembly of the Firm’s Board of Administrators assembly No. 10/2023 to be held on 14 November 2023 and the decision was authorised.Share a redemption challengeof the Firm for monetary administration (Treasury Inventory) throughout the most quantity not exceeding 1,500 million baht and the variety of shares to be redeemed not exceeding 60 million shares with a par worth of 1.0 baht per share, or equal to no more than 2.06 % of the shares

As of 17 Might 2024 (the tip date of the share buyback interval), the variety of shares held by the Buyback Firm on this share buyback challenge is a complete of 30,415,500 shares, or 1.50 % of the entire variety of mods bought by the corporate. The overall worth of the shares repurchased is the same as 718,479,310.00 baht

For the sale of shares which were repurchased beneath the share repurchase challenge this time, the corporate will current it to the Board of Administrators assembly. reconsidered and will probably be contacted additional

Nonetheless, in response to the related laws, the corporate that purchased again the shares will have the ability to promote the purchased again shares. You’ll obtain it after 6 months from the date the share redemption is accomplished. However it shouldn’t be greater than 3 years.

And within the case that it’s not bought or doesn’t promote all of the redeemable shares throughout the specified interval, the corporate will scale back the paid-in capital with a dividend.listed shareswhich has been purchased again and never but bought