Sikarin Public Company Limited (SET:SKR) announces a share repurchase program. Under the program, the company will repurchase up to 70,000,000 shares, representing 3.75% of its issued share capital for THB 500 million. The repurchase price must not exceed 115% of the average closing price of the last 5 business days prior to each repurchase date. The purpose of repurchase program is to increase the earning per share and return on equity and to manage the company’s exceeded liquidity efficiency. The purchased shares will be resold within three years from the repurchase completion date and the unsold shares will be written off. The plan will expire on October 25, 2021. As of March 4, 2021, the company had 1,999,328,649 shares in issue.