Hsing Ta Cement Co., Ltd. (TWSE:1109) announces a share repurchase program. Under the program, the company will repurchase up to 6,839,157 shares, representing 2% of its issued share capital for the total worth of TWD 157.3 million. The shares will be repurchased within the price range of TWD 15 to TWD 23 per share.

The purpose of the program is maintain company's credit and shareholder's equity. The program will continue through July 22, 2022. As of May 20, 2022, the company has no shares in treasury.