HMPRO closes second share buyback program, spending 514 million baht for 83 million shares

Corporate Action
โดย Kaohoon·TH·Read original
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Home Product Center Public Company Limited (HMPRO) announced the conclusion of its second financial management share buyback program, having repurchased a total of 83,000,000 shares, representing 0.63 percent of all issued shares, with a total value of 514,835,875 baht, which is lower than the framework approved by the board in January 2026, which allowed for a maximum of 2,959.00 million baht and no more than 394.50 million shares, or 3.00 percent of total shares. The company stated that the lower buyback was due to limited recovery of the Thai economy, prompting careful cash flow management. Combined with the previous program, the company has accumulated 263,198,025 repurchased shares, representing 2.00 percent of total shares, with a total value of 1,869,974,654 baht. Under the law, the company can sell the repurchased shares after three months from the end of the program, but no later than three years, and if not fully sold, it must reduce its registered capital, with the sale period to be proposed to the board again.

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Consumer Discretionary · 1 stocks
Home Product Center Public Company Limited
HMPRO
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HMPRO concluded its second buyback having repurchased only 83M shares worth 514.8M baht, far below the 2,959M baht/394.5M share framework, citing limited Thai economic recovery and careful cash flow management.