HannStar Display Corporation (TWSE:6116) announces a share repurchase program. Under the program, the company will repurchase up to 88,000,000 shares, representing 2.99% of its issued share capital, for a total purchase price of TWD 17,591.29 million. The shares will be repurchased at a price falling in the price range from TWD 6.80 per share to TWD 15.17 per share.

The purpose of share repurchase program is to transfer shares to employees. The program is valid till October 3, 2022. As of August 2, 2022, the company has no shares in treasury.