Kasikornbank Public Company Limited (SET: KBANK) has announced a major share repurchase program valued at up to THB 8.8 billion, following approval by its Board of Directors. The buyback aims to improve capital efficiency and deliver greater value to shareholders.
Under the plan, KBANK will repurchase up to 47,386,552 shares, representing no more than 2% of its total paid-up capital. The repurchase period will run from 14 November 2025 to 13 May 2026, with all transactions executed via the automatic order matching system of the Stock Exchange of Thailand (SET).
The repurchase price will comply with regulatory limits, not exceeding the average closing price over the previous five consecutive business days plus 15%. For reference, the average closing price during the 30 business days from 16 September to 29 October 2025 was THB 169.10 per share.
The initiative is intended to optimize KBANK’s capital structure, utilize excess liquidity, and enhance shareholder returns. By reducing the number of outstanding shares, the bank expects to increase Return on Equity (ROE) and Earnings Per Share (EPS), helping its market valuation more accurately reflect its intrinsic value.
KBANK confirmed that it maintains a strong liquidity position to support the program, holding THB 1,102,750 million in liquid assets as of 30 September 2025, sufficient to fund the full THB 8.8 billion buyback plan.
