Siamgas and Petrochemicals Public Company Limited (SET:SGP) announces a share repurchase program. Under the program, the company will repurchase up to 91,000,000 shares, representing 4.95% of its issued share capital for THB 1,000 million. The repurchase price shall not exceed 115% of the average closing price 5 days before the date on which the shares will be repurchased. The reasons for the proposed share repurchase is to manage and maximize the benefits of company's excess liquidity, to increase the return of equity and earnings per share for the shareholders and to signal the investors about the company's secure financial status. The repurchase program will expire on September 26, 2020. As of March 4, 2020, the company had 1,837,863,000 shares in issue.