TTB share price surges 52% in 7 months after 21 billion baht buyback

Corporate Action
โดย Kaohoon·Read original
Summary · why it matters

Shares of TMBThanachart Bank, or TTB, have risen as much as 52% from 2.02 baht at the start of 2026 to 3.08 baht currently, after completing a share buyback programme worth a total of 21 billion baht one year ahead of schedule. The bank repurchased 10.038 billion shares, representing 10.29% of issued and paid-up capital, at an average cost of 2.09 baht per share. The board has also approved an increase in the buyback budget to 35 billion baht and extended the programme end date to 2028, reflecting the financial strength of the country's fifth-largest bank, which has total assets of 1.7 trillion baht, a capital adequacy ratio of 19%, non-performing loans at 2.9%, and a loan loss coverage ratio of 157%.

Impact on stocks 1

Financials · 1 stocks
TMBThanachart Bank Public Company Limited
TTB
▲ PositiveCapitalrelevance

TTB completed a 21 billion baht share buyback ahead of schedule and increased the buyback budget to 35 billion baht, signaling financial strength and boosting shareholder value.