Global Brands Manufacture Ltd. (TWSE:6191) announces a share repurchase program. Under the program, the company will repurchase up to 6,000,000 shares of common stock, representing 1.27% of its issued share capital, for a total of TWD 11,684.21 million. The shares will be repurchased within the price range of TWD 29.7 and TWD 34.7 per share.

The purpose of the program is to transfer shares to employees. The repurchase program will expire on May 5, 2023. As of March 3, 2023, the company has 3,000,000 own shares in treasury.