MINT Rises 3% following Announcement on Share Buyback Plan Expansion

On Friday at 10:05 AM (Bangkok time), the share price of Minor International Public Company Limited (SET: MINT) rose by 2.98% or THB 0.70 to THB 24.20, with a trading value of THB 198.12 million.

 

MINT has announced a substantial expansion of its ongoing share repurchase initiative, with board approvals now raising the maximum allocation to THB 5 billion—tenfold the program’s previous limit of THB 500 million.

In a statement following resolutions passed at Board of Directors meetings on November 28 and December 11, 2025, the hospitality and restaurant group said it will now buy back as many as 229 million shares, each with a par value of THB 1.00. This figure represents 4.04% of Minor International’s total outstanding shares and marks a significant rise from the prior cap of 23 million shares, or 0.41% of the total.

Upon execution, the combined tally of previously repurchased shares and those targeted in this latest round will bring Minor International’s total treasury stock to 229 million, accounting for 4.04% of shares in issue—a marked revision from earlier levels.

According to the company’s statement, the average share price over the 30 days preceding both disclosure dates was reported at THB 21.74 (prior to November 28) and THB 21.78 (prior to December 11). Minor International expects to maintain liquidity of approximately THB 10.56 billion, comfortably exceeding the THB 3.89 billion in debt maturing within the same timeframe. This surplus, the company said, underpins its ability to sustain both operational and financial health.