China Fineblanking Technology Co.,Ltd. (TPEX:1586) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 common shares, representing 2.33% of its issued share capital for TWD 833.07 million. The shares will be repurchased between a price range of TWD 26.46 and TWD 58.22 per share.

The purpose of the program is to transfer shares to employees. The plan will be valid up to August 5, 2022.