Longchen Paper & Packaging Co., Ltd. (TWSE:1909) announces a share repurchase program. Under the program, the company will repurchase up to 6,000,000 shares, representing 0.47% of its issued share capital, for TWD 10,821.45 million. The purpose of the plan is to transfer company's stock to employees.

The plan will be valid till September 9, 2022. As of July 8, 2022, the company had no shares in treasury.