Lee Feed Mill Public Company Limited (SET:LEE) announces a share repurchase program. Under the program, the company will repurchase up to 80,000,000 shares, representing 8.68% of its issued share capital, for THB 210 million. The repurchase price must not exceed 115% of the average closing share price of 5 business days prior to each repurchase date.

The purpose of the program is to manage the efficiency of the company's liquidity, to enhance the rate of return on equity, earnings per share and book value per share, to conduct confidence to the company?s shareholders. The program will run through September 17, 2024. As of March 27, 2023, the company had 922,180,251 shares in outstanding.