Taokaenoi, or TKN, has approved a share buyback programme worth up to 80 million baht, for a maximum of 17 million shares, representing no more than 1.23% of total issued and paid-up shares. Buying will begin on September 22, 2026 and run through March 21, 2027, via the automatic matching system of the Stock Exchange of Thailand. Jirapong Suntipiromkul, Deputy Managing Director of Taokaenoi Food & Marketing Public Company Limited, said the board meeting No. 6/2026 on September 16, 2026 approved the programme, setting the buyback price at no more than 115% of the average closing price over the five trading days preceding each buyback. The 30-day weighted average closing price from August 4 to September 15, 2026 stood at 4.28 baht per share. The company cited the need to build confidence in its financial position, profitability and business potential, as well as to improve shareholder returns through capital structure management, which may help raise return on equity and earnings per share. TKN previously carried out a buyback in 2025 for 15 million shares, or 1.09% of total issued and paid-up shares, spending a total of 127.30 million baht and completing the purchases on January 24, 2025. If the new programme buys the full 17 million shares, the company will hold cumulative treasury shares of no more than 32 million shares, or 2.32% of total issued and paid-up shares.
Taokaenoi Food & Marketing Public Company LimitedBoard approved a share buyback of up to 17 million shares worth 80 million baht to boost shareholder returns and EPS.
