Sabuy Technology Public Company Limited announces an Equity Buyback for 87,200,000 shares, representing 5.01% for THB 1,090 million.

Sabuy Technology Public Company Limited (SET:SABUY) announces a share repurchase program. Under the program, the company will repurchase up to 87,200,000 shares, representing 5.01% of its issued share capital, for THB 1,090 million. The repurchase price must not exceed 115% of the average closing share price of five business days prior to each repurchase date.

The purpose of the program is to manage the efficiency of the company's liquidity. The program will run through July 14, 2023. As of March 27, 2023, the company had 1,741,678,788 shares in outstanding.