Thanachart Capital Public Company LimitedBoard approved 7.5B baht buyback and brokers raised target price to 85 baht, boosting EPS and ROE.

TCAP shares closed the morning session on August 3, 2026 at 84.00 baht, up 5.75 baht or 7.35 percent, supported by the board's approval of a share buyback program worth up to 7.5 billion baht. The number of shares to be repurchased will not exceed 104,861,673 shares, or no more than 10 percent of total outstanding shares, between August 17, 2026 and February 16, 2027. This is expected to boost net profit per share and return on equity. In addition, Krungsri Securities and other leading brokers have raised their target price to 85 baht from 60 baht, while lifting net profit forecasts for 2026 through 2028 by 3 to 8 percent per year. They project 2026 net profit of around 8.286 billion baht, driven by stronger-than-expected non-interest income and asset quality. Analysts also estimate a 2026 dividend of about 3.60 baht per share, representing a dividend yield of roughly 5 percent, attracting accumulation from investors seeking steady cash flow.
Thanachart Capital Public Company LimitedBoard approved 7.5B baht buyback and brokers raised target price to 85 baht, boosting EPS and ROE.