Asset Five Group Public Company Limited (SET:A5) announces a share repurchase program. Under the program, the company will repurchase up to 33,000,000 shares, representing 2.73% of its issued share capital, for THB 100 million. The repurchase price shall not exceed 115% of the average closing share price of 5 trading days prior to the share repurchase date.

The purpose of the program is to manage the company's excess liquidity and reflect appropriate share value due to having retained earnings and high liquidity, including having sufficient working capital to invest in the Company's own shares to increase the rate of Return on Equity, Earning Value per Share, and Book Value Per Share. The program is valid till December 16, 2024. As of March 13, 2024, the company had 1,209,384,615 shares outstanding.