Filter Vision Public Company Limited announces an Equity Buyback for 22,000,000 shares, representing 3.89% for THB 20 million.

Filter Vision Public Company Limited (SET:FVC) announces a share repurchase program. Under the program, the company will repurchase up to 22,000,000 shares, representing 3.8928203297% of its issued share capital for THB 20 million. The shares will be repurchased at a price not exceeding the average closing price of 5 days, prior to each repurchase date plus 115% of such average closing price.

The purpose of the program is to increase the return on equity and earnings per share, to conduct confidence to the company?s shareholders and to maximize the benefits from the company?s excess liquidity management. The repurchase program will expire on May 20, 2024. As of March 16, 2023, the company had 565,142,959 issued and outstanding shares.