Spirox Corporation (TWSE:3055) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, representing 1.74% of its share capital for TWD 194 million. The repurchased shares will be transferred to employees.

The shares will be repurchased at a price that is within the range of TWD 97 per share and TWD 66 per share. The program will be valid till May 11, 2024. As of March 11, 2024, the company has 1,034,000 shares in treasury.