Triple i Logistics Public Company Limited (SET:III) announces a share repurchase program. Under the program, the company will repurchase up to 25,000,000 shares, representing 3.1% of its issued share capital for the total worth of THB 300 million. The repurchase price will not exceed 115 percent of the average closing price for past five business days prior to share repurchase date.

The purpose of the share repurchase program is to manage the company?s liquidity efficiency and to increase the return on equity and the earnings per share. The program will be valid till February 14, 2024. As of July 18, 2023, the company had 807,753,120 shares in issue.