This Ministerial Regulation aims to improve the share repurchase criteria for public limited companies
Mr. Poonpong Naiyanapakorn, Director-General of the Department of Business Development The Ministry of Commerce announced that on November 14, 2025, the Ministerial Regulation on the Criteria and Procedures for Share Repurchases, the Sale of Repurchased Shares, and the Cancellation of Repurchased Shares (No. 3) B.E. 2568 (2025) was published in the Royal Gazette and has become effective. This Ministerial Regulation aims to improve the share repurchase criteria for public limited companies, ensuring flexibility and keeping pace with capital market changes. It includes two key points: 1. The waiver of the break period. Previously, public companies had to wait six months before initiating a new share repurchase program. This Ministerial Regulation allows for immediate initiation of a new program without waiting, increasing flexibility in capital management. 2. The timeframe for the resale of repurchased shares has been extended. Previously, companies were required to sell repurchased shares within three years. However, the new regulations allow for a further two years, allowing companies to choose a more appropriate timeframe for the sale, aligning with market conditions.
Director-General Poonpong added, "This amendment will enable public limited companies to plan their excess liquidity management more effectively and in line with the current economic climate, which will enhance the liquidity and potential of the capital market." This will benefit shareholders, the capital market, and the overall national economy, while also reducing restrictions on the timeframe for share resale, allowing companies to sell their shares at more appropriate times.
Furthermore, this ministerial regulation update aligns with previous government policy statements and supports the Ministry of Commerce's (Mrs. Suphajee Suthumpun) policy, which focuses on creating a modern and competitive investment environment through streamlining regulations and permitting processes to be more convenient, transparent, and entrepreneur-friendly, in order to enhance the potential of Thai entrepreneurs and drive the overall national economy.
"The Department of Business Development remains committed to reducing business obstacles and supporting the modernization, transparency, and efficiency of the Thai capital market. We expect this ministerial regulation update to enhance the efficiency of capital management for public limited companies and support the long-term development of the Thai capital market towards stability, transparency, and competitiveness," concluded Director-General Poonpong. #SuperDBD #Department of Business Development #Ministry of Commerce
The Ministry of Commerce has announced the enforcement of the Ministerial Regulation Prescribing Criteria and Procedures for Share Repurchases, Share Sales, and Share Cancellations (No. 3) B.E. 2568. By announcement in the Royal Gazette, Volume 142, Section 75, dated 14 November 2025
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