Tai Tung Communication Co., Ltd. (TWSE:8011) announces a share repurchase program. Under the program, the company will repurchase up to 5,000,000 shares, representing 2.93% of its issued share capital, for TWD 1,132.70 million. The purpose of the program is to protect company reputation and shareholder equity.

The repurchase price will not be more than TWD 35 per share and not less than TWD 26 per share. The program is valid till May 10, 2024. As of March 8, 024, the company had no shares in treasury.