Miramar Hospitality Co.,Ltd announces an Equity Buyback for 1,000,000 shares, representing 2.66% for TWD 56.9 million.
December 26, 2017 at 04:03 am EST
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Miramar Hospitality Co.,Ltd (GTSM:2730) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 2.66% of its share capital for TWD 56.9 million. The shares will be repurchased within a price range of TWD 5.54 and TWD 11.87 per share. The repurchase program will continue until February 26, 2018.
MIRAMAR HOSPITALITY CO.,LTD is a Taiwan-based company principally engaged in the operation of the international tourist hotels. The Company mainly provides room services and catering services. The Company is also involved in the operation of western restaurants, cafes, bars, conference halls, gymnasiums, sauna stores and parking lots. The Company also provides network delivery services for frozen cooked food and baked snacks. The Company operates its businesses mainly in domestic market.