KAMART approves share buyback of 30 million shares worth 218 million baht, starting October 6

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KAMART, or Carmart Public Company Limited, informed the Stock Exchange of Thailand that its board of directors, at a meeting on October 2, 2026, approved a share buyback program for financial management with a maximum value of no more than 218 million baht. The number of shares to be repurchased will not exceed 30 million shares, representing no more than 2.34% of all issued and paid-up shares. The buyback will be carried out through automatic matching via the exchange's trading system from October 6, 2026 to April 5, 2027, or within six months. For the pricing criteria, the company will take the average share price over the past 30 trading days into consideration, and the buyback price must not exceed 115% of the average closing price over the five trading days preceding the transaction date. The average share price over the past 30 trading days, based on data disclosed by the company, stands at 6.86 baht per share. KAMART stated that the buyback aims to keep the market moving reasonably and to manage the company's liquidity efficiently. After the buyback, shareholders will benefit from higher return on equity, or ROE, and higher earnings per share, or EPS, while the number of shares traded on the exchange will decrease. On its financial position, the company has retained earnings of 817.19 million baht, while liabilities due within six months from the start of the buyback stand at 761 million baht. As of October 1, 2026, net cash flow from operating activities was 728 million baht. The company also expects about 943 million baht in cash flow from operations in the six months after the third quarter of 2026, and therefore assesses that it has sufficient liquidity to repay its debts and carry out the buyback program.

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