GUNKUL to Repurchase Stocks of 440mn Shares, Starting from Apr 1 to Sep 30

Gunkul Engineering Public Company Limited (GUNKUL) announced that the Board of Directors’ Meeting has resolved to approve the Share Repurchase Program for financial management purpose (Treasury Stock) with the maximum amount for the share repurchase is not exceeding Baht 1,100 million and number of shares repurchase not exceeding 440,000,000 shares (at par value 0.25 baht per share) or equivalent to 5% of the issued and paid-up capital after the first repurchase of treasury shares.

The procedure used for the repurchasing of shares will be through the Stock Exchange of Thailand and will be started from April 1, 2020 to September 30, 2020.