ALi Corporation (TSEC:3041) announces a share repurchase program. Under the program, the company will repurchase up to 3,850,000 shares, representing 2% of its issued share capital for TWD 1490.23 million. The shares will be repurchased within the price range of TWD 10.5 to TWD 18 per share. The purpose of the program is to transfer the shares to employees. The program will be valid up to May 18, 2020. As of March 18, 2020, the company has 2,917,452 shares in treasury.