China Fineblanking Technology Co.,Ltd. (TPEX:1586) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 common shares, representing 1.16% of its issued share capital for TWD 871.23 million. The shares will be repurchased between a price range of TWD 23.66 and TWD 50.42 per share.

The purpose of the program is to transfer shares to employees. The plan will be valid up to February 6, 2023. As of December 6, 2022, the company has 4,467,000 shares in treasury.