MK Restaurant Group Public Company Limited (SET:M) announces a share repurchase program. Under the program, the company will repurchase up to 20,000,000 shares, representing 2.17% of its issued share capital, for THB 800 million. The repurchase price must not exceed 115% of the average closing share price of 5 business days prior to each repurchase date.

The purpose of the program is to ensure that the company?s excess liquidity management is conducted for the utmost benefit and to assure the investors and shareholders of the company regarding its capability to generate future income and profit as well as its strong financial position. The program is valid till December 23, 2024. As of March 8, 2024, the company had 920,878,100 shares outstanding.