Alexander Marine Co., Ltd. (TSEC:8478) announces a share repurchase program. Under the program, the company will repurchase up to 2,500,000 shares, representing 2.75% of its issued shares for TWD 1,905.8 million. The shares will be repurchased within the price range of TWD 30 to TWD 58 per share. The repurchased shares will be transferred to employees. The program will continue through October 8, 2020. As of August 10, 2020, the company has no shares in treasury.