Leo Global Logistics Public Company Limited (SET:LEO) announces a share repurchase program. Under the program, the company will repurchase up to 5,000,000 shares, representing 1.56% of its issued share capital, for THB 65 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 company's excess liquidity and to enhance the ratios of Return on Equity and the Earning Per Share. The program will run through February 28, 2023. As of March 15, 2022, the company had 320,000,000 shares in outstanding.