Minor International Public Company Limited (SET: MINT) has initiated a share repurchase program for financial management purposes (Treasury Stock), approved by its Board of Directors on November 28, 2025.
MINT has allocated a maximum budget of 500 million baht for the program. The company intends to buy back up to 23 million shares, which represents approximately 0.41% of the company’s total paid-up capital.
The six-month repurchase program runs from December 3, 2025, to June 2, 2026. The acquisition method will be automated order matching via the trading system of the Exchange.
Pricing is stipulated such that the repurchase price cannot exceed 115% of the average closing price of the five consecutive business days prior to each repurchase date. The average share price during the 30 days preceding the disclosure (October 16 to November 27, 2025) was THB 21.74 per share.
MINT cited three primary reasons for the buyback: to manage excess liquidity, to increase the return on equity (ROE) and earnings per share (EPS), and to assure investor confidence in MINT’s strong financial position and future profitability.
The expected impact on shareholders is an increase in ROE and EPS. The company’s cash and shareholders’ equity will decrease.
MINT confirms it has sufficient financial resources and adequate liquidity to fund the repurchase. This is supported by the Group’s consolidated cash and cash equivalents of THB 9,644 million as of September 30, 2025.
Following the repurchase, MINT anticipates reselling the shares through automated order matching, with the resale period starting after three months but ending within three years of the program’s completion.
