Taiwan Mask Corporation (TWSE:2338) announces a share repurchase program. Under the program, the company will repurchase 10,000,000 shares, representing 3.91% of its issued share capital for TWD 2685.17 million. The shares will be repurchased within the price range of TWD 55 to TWD 110 per share.

The purpose of the program is to transfer shares to employees. The program will continue through July 8, 2022. As of May 6, 2022, the company has 4,485,000 shares in treasury.