P.C.S. Machine Group Holding Public Company Limited (SET:PCSGH) announces a share repurchase program. Under the program, the company will repurchase up to 45,000,000 shares, representing 2.91% of the total paid-up share capital, for a total of THB 400 million. The repurchase price shall not be higher than the average closing price during 5 business days prior to each trading date plus 15% of such average closing price.

Repurchases will be made on the Stock Exchange of Thailand. The shares will be repurchased for the company's capital management purposes and the repurchase program will enable the company to manage and maximize the benefits of the company's excess liquidity, and will increase the return on equity and earnings per share and will show the sign of strong financial status of the company. The share repurchase program is valid until July 21, 2015.

As of January 7, 2015, the company has 1,545,000,000 shares in the paid-up capital.