Masterkool International Public Company Limited (SET:KOOL) announces a share repurchase program. Under the program, the company will repurchase up to 72,271,703 shares, representing 2.92% of its issued share capital, for THB 36 million. The repurchase price shall not exceed 115% of the average closing price of 5 consecutive business days prior to each repurchase date.

The purpose of the program is to increase the Return on Equity (ROE), and the Earnings per Share and maximize benefit from the company's excess liquidity management. The program is valid till November 17, 2023. As of March 16, 2023, the company had 2,472,271,703 shares issued.