Charoen Pokphand Foods Public Company Limited (SET: CPF) has officially announced the completion of its share repurchase project for financial management purposes as of 7 April 2026. The program was initiated following approval from the Board of Directors’ Meeting held on 2 October 2025, which had authorised a maximum budget of Baht 8,000 million to acquire up to 350 million shares.
Under the finalized results of the project, which ran from 8 October 2025 to 7 April 2026, the company repurchased a total of 83,682,700 shares. This figure represents 1.00% of the total issued shares, involving an aggregate repurchase value of Baht 1,745,528,370.
In accordance with applicable regulations, CPF is permitted to dispose of these repurchased shares after a period of three months from the completion date, but no later than three years after that date. The company maintains the option to extend this disposition period by up to an additional two years, provided it receives approval from a Shareholders’ Meeting. Such an extension is contingent on the weighted average share price being lower than the average repurchase price during the three months preceding the Board’s resolution to convene the meeting.
Should the company be unable to dispose of the treasury stock within the specified timeframe, it is required to reduce its paid-up capital by cancelling any remaining repurchased shares. The specific method and exact period for the future disposition or cancellation of these shares will be proposed to the Board of Directors for further consideration at a later date.
