CyberTAN Technology Inc. (TWSE:3062) announces a share repurchase program. Under the program, the company will repurchase up to 5,000,000 shares, representing 1.51% of its issued share capital for the total worth of TWD 1,400.11 million. The shares will be repurchased within the price range of TWD 15.5 to TWD 33.6 per share.

The repurchased shares will be transferred to employees. The program will continue through July 12, 2024. As of May 10, 2024, the company has 65,000 shares in treasury.