Therefore, the disclosure environment of share
repurchases in the U.S. still makes it difficult to accurately examine the
liquidity impact of actual share repurchases. In the case of Thailand, a
repurchasing firm is required to report the volume and value of shares
repurchased. It is also mandated to report the price data on a daily
basis by the start of the following business day, thus providing timely
information and more details of actual share repurchases.