SABUY Technology Public Company Limited (SET:SABUY) announces a share repurchase program. Under the program, the company will repurchase up to 95,000,000 shares, representing 5.12% of its issued share capital, for THB 617.50 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 share repurchases is to ensure the company's excess liquidity management and to increase the Return on Equity ratio, Earnings Per Share ratio and book value per share to build confidence for shareholders. The program will run through March 21, 2024. As of December 18, 2023, the company had 1,853,696,504 shares in outstanding.