Innolux Corporation (TSEC:3481) ) announces a share repurchase program. Under the program, the company will repurchase up to 50,000,000 shares, representing 0.47% of its issued share capital for total worth of TWD 195.783.77 million. The shares will be repurchased at a price falling in the price range from TWD 9.66 per share to TWD 22.98 per share.

The purpose of the share repurchases is to maintain the company's credit and shareholders rights. The program is valid till July 11, 2022.