Samart Corporation Public Company Limited announced that its board of directors has approved a share buyback programme of up to Bt200 million, following a meeting on December 16, 2025. The move is aimed at improving capital efficiency, strengthening investor confidence and enhancing sustainable long-term value for shareholders.

Mr. Watchai Vilailuck, Executive Vice Chairman of Corporate Strategy and New Business Development at Samart Corporation Plc., said the company has set a maximum share buyback of 36 million shares, or 3.58 per cent of its total issued and paid-up shares of 1,006,504,198. Each ordinary share has a par value of Bt1.00.

The buyback will be conducted through the Stock Exchange of Thailand’s trading system between December 22, 2025, and June 21, 2026.

The company said the purchase price will be determined in line with prudent criteria and in compliance with Stock Exchange of Thailand regulations, with the price capped at 115 per cent of the stock’s average closing price over the five most recent trading days prior to the transaction, to ensure the buyback appropriately aligns with the company’s underlying value.

The programme also reflects the company’s view that its shares are currently trading below book value, estimated at around Bt6.80 per share, despite its solid business fundamentals, strong financial position and long-term growth potential.

“The share buyback, undertaken while the share price is below book value, represents an efficient deployment of capital and underscores management’s confidence in the company’s fundamentals,” Mr. Watchai said. “The programme is intended to support liquidity management while enhancing long-term shareholder value.”

The company added that it has sufficient liquidity to support the buyback programme. As of September 30, 2025, Samart reported retained earnings of Bt1.17 billion and cash and cash equivalents of Bt450 million, and expects to generate net cash inflows of more than Bt400 million over the next six months. This is adequate to cover debt repayments of Bt195 million due within the same period, while allowing the buyback to proceed without affecting core operations or future investment plans.

Mr. Watchai said a further benefit of the buyback is a reduction in the number of shares outstanding, which is expected to support earnings per share (EPS) and return on equity (ROE). Shareholders may also benefit from higher dividends per share, as repurchased shares will not be entitled to dividend payments.

Samart said it remains committed to operating under good corporate governance principles, alongside prudent capital management, to strengthen its long-term fundamentals and sustain investor confidence.