Jaymart Group Holdings Public Company Limited (SET:JMART) announces a share repurchase program. Under the program, the company will repurchase up to 16,000,000 shares, representing 1.01% for THB 400 million. The share repurchase price shall not exceed 115% of the average closing price of 5 consecutive business days prior to each repurchase date.

The purpose of the program is to manage the company's excess liquidity, to enhance the rate of return on equity (ROE) and earning per share and increase book value per share (BV) which will benefit the shareholders and to conduct confidence to company's shareholders. The program will continue till June 15, 2023. As of February 28, 2023, the company had 1,457,319,589 shares outstanding.