King's Town Construction Co., Ltd. (TWSE:2524) announces a share repurchase program. Under the program, the company will repurchase up to 5,000,000 shares, representing 1.34% of its issued share capital, for TWD 12,886.64 million. The shares will be purchased at a price range of TWD 22.90 per share and TWD 50.60 per share.

The purpose of the program is to protect company's reputation and shareholder equity. The plan is valid till September 7, 2022. As of July 11, 2022, the company had no shares in treasury.