Thai Union Group Public Company Limited (SET:TU) announces a share repurchase program. Under the program, the company will repurchase up to up to 200,000,000 shares, representing 4.19% for THB 3,000 million. The share repurchases will not exceed 115% of the average share closing price for 5 working days prior to the share repurchase date.

The repurchased shares will be used for resale. The purpose of the share repurchases is to ensure the company's excess liquidity management and to increase the Return on Equity ratio and Earnings Per Share ratio, to generate future income and profit of the company and to ensue the strong financial position of the company. The program is valid till June 30, 2023.

As of March 10, 2022, the company had 4,771,815,496 shares are issued and outstanding.