Eurocharm Holdings Co., Ltd. (TSEC:5288) announces a share repurchase program. Under the program, the company will repurchase up to CNY 20 million worth of its ordinary shares (A shares). The shares will be repurchased at a price of CNY 24 per share. The share repurchases will be funded from company's own resources. The purpose of the share repurchases is to implement the company's employee stock ownership plan. The program is valid for 12 months.