O-Bank Co., Ltd. (TWSE:2897) announces a share repurchase program. Under the program, the company will repurchase up to 15,000,000 shares, representing 0.55% of its issued share capital for TWD 9,408.65 million. The shares will be repurchased at a price falling in the price range from TWD 7 per share to TWD 14 per share The purpose of the share repurchases is to transfer to its employees.

The program is valid till October 21, 2023. As of August 21, 2023, the company has 2,522,000 shares in treasury.