Walsin Technology Corporation (TSEC:2492) announces a share repurchase program. Under the program, the company will repurchase up to 8,000,000 shares, representing 1.16% of the issued shares. The repurchase will amount to TWD 5.21 billion.

The shares will be repurchased within the price range of TWD 8 to TWD 10 per share. Repurchases will be made on the Taiwan Stock Exchange. The repurchased shares will be transferred to the company's employees within the next 3 years.

The program will end on March 20, 2014. As of January 20, 2014, the company has 7,846,000 shares in held in treasury.