TCAP shares continued to climb more than 7% after the board approved a share repurchase program for financial management, with a budget not exceeding 7.5 billion baht. The company will buy back up to 104.86 million shares, representing no more than 10% of total outstanding shares, through the Stock Exchange of Thailand's automatic matching system between 17 August 2026 and 16 February 2027. Analysts at Krungsri Securities upgraded the stock to buy and raised the target price to 85 baht from 60 baht, citing a 5% dividend yield and the buyback program as supportive factors. Meanwhile, Dao Securities Thailand lifted its target price to 82 baht from 68 baht and forecast second-quarter 2026 net profit of 2.15 billion baht, above its previous estimate.
Thanachart Capital Public Company LimitedBoard approved share buyback program and analysts raised target prices.