Kasikornbank has announced a share buyback program aimed at financial management with a budget of up to 8.8 billion baht and a maximum of 47.39 million shares to be repurchased. The shares will be bought through the trading system of the Stock Exchange of Thailand from November 14, 2025, to May 13, 2026, to enhance the efficiency of fund management. The bank indicates that it has a strong capital base sufficient to support future business operations.

Mr. Chongrak Rattanaphiarn, CEO of Kasikornbank, revealed that the bank's board of directors has approved the share buyback program for financial management with a total budget not exceeding 8.8 billion baht and a maximum of 47,386,552 shares, or no more than 2% of the bank's total issued shares. The shares will be purchased through an automated matching system on the Stock Exchange of Thailand from November 14, 2025, to May 13, 2026, and the purchase price will not exceed the average closing price of the shares over the five trading days prior to the buyback date, plus 15% of the average closing price. The funds used for the buyback will come from the bank's internal liquidity.

The purpose of this share buyback is to enhance the efficiency of fund management. The bank has considered the sufficiency of its capital, excess liquidity, and appropriate returns for its shareholders. Currently, the bank has a strong capital-to-risk asset ratio sufficient for future business operations in both normal and crisis situations, with a total capital ratio to risk assets of Kasikornbank's financial group at 21.60% as of the end of Q3 2025. The bank has evaluated options for managing its capital based on various factors, including market conditions, performance, and capital levels. The bank believes that the share buyback is a suitable option under the current circumstances, which will help improve the efficiency of capital management. Additionally, it will reduce the book value of shareholders' equity and the number of shares, resulting in higher return on equity (ROE) and earnings per share (EPS), which will allow the stock price to better reflect its true value, directly benefiting shareholders.

Mr. Chongrak emphasized that the bank continues to operate with caution and is committed to creating sustainable returns for all stakeholders, reinforcing its position as a trusted bank. The bank will continue to pursue its 3+1 strategy and ongoing productivity improvements to strengthen its financial position and create stable and sustainable value and returns in the long term.