K Laser Technology Inc. (TWSE:2461) announces a share repurchase program. Under the program, the company will repurchase up to 1,500,000 shares of its common stock, representing 0.94% of the issued share capital for TWD 1,052.78 million. The shares will be repurchased within a price ranging from TWD 14.32 per share and TWD 30.3 per share.

The purpose of the program is to protect company reputation and shareholder equity. The program will expire on January 10, 2022. As of November 10, 2021, the company has 9,095,000 shares in treasury.