CPF to Repurchase Stocks of 400mn Shares, Starting from April 1

Charoen Pokphand Foods Public Company Limited (CPF) announced that the Board of Directors’ Meeting on March 13, 2020 has approved the Share Repurchase Program (Treasury Stock) for financial management purpose in the amount not exceeding Baht 10,000 million.

CPF set the number of shares to be repurchased of 400 million shares (at par value of Baht 1.00 each) or equal to 4.65% of the total of paid-up capital. The program will repurchase through the main board of the Stock Exchange of Thailand and starts from April 1, 2020 to September 30, 2020.