PTT Public Company Limited (SET: PTT) has disclosed through the Stock Exchange of Thailand (SET) its board’s resolution to initiate the share repurchase program, starting 24 March 2025.
The company stated that the Board of Directors’ Meeting of PTT No. 3/2568 on 20 March 2025 approved the share repurchase project for the purpose of financial management (Treasury Stock), with a maximum budget of THB 16,000 million. The number of shares to be repurchased will not exceed 470 million shares, representing 1.65% of the total shares issued.
The share repurchase will be conducted by means of automated order matching via the trading system of the Stock Exchange of Thailand, and the repurchase period will be 6 months, starting from 24 March 2025 until 23 September 2025.
Additionally, PTT recently announced a dividend payment of THB1.30 per share to be paid on 29 April 2025. The ex-dividend date is 6 March 2025.
