COM7 invests 800 million baht to buy back 45 million shares starting 1 July - 31 Dec. 67.

COM7 invests 800 million baht to buy back 45 million shares starting 1 July - 31 December 67, hoping to manage excess liquidity for efficiency and maximum benefit.

On June 28, 2567, Comseven Public Company Limited (COM7) announced through the Stock Exchange of Thailand that the Board of Directors meeting No. 4/2567 approved a share repurchase program for financial management purposes (Treasury Stock) with a maximum budget of 800 million baht. The number of shares to be repurchased will not exceed 45,000,000 shares, with a par value of 0.25 baht per share, representing no more than 1.9% of the company's total issued shares of 2,399,998,265 shares.

The share repurchase program will involve an automated matching process through the stock exchange's trading system . The repurchase period is set from July 1, 2567, to December 31, 2567.

The repurchase price will not exceed 115% of the average closing price of the shares for the 5 trading days preceding the date of the share repurchase transaction. This is to provide information for considering the average price for the past 30 business days from 14 May 2567 to 26 June 2567 equal to 17.8 baht per share.

By buying back those shares In order to manage the company's excess liquidity to be most efficient and beneficial. To increase the return on equity (ROE) as well as increase the earnings per share (EPS) and have confidence in the potential of business operations and income generation in the future.

According to information from the latest review/audit separate financial statements as of March 31, 2567, the company has retained earnings of 6,666 million baht and debt due within 6 months of 654 million baht.

While there is cash and cash equivalents remaining in the amount of 1,001 million baht and it is expected that there will be an additional net cash inflow of 1,636 million.
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