San Lien Technology Corp. announces an Equity Buyback for 660,000 shares, representing 1.5% for TWD 543.23 million.
March 25, 2020 at 09:24 am
San Lien Technology Corp. (GTSM:5493) announces a share repurchase program. Under the program, the company will repurchase up to 660,000 shares, representing 1.5% of its issued share capital for TWD 543.23 million. The shares will be repurchased at a price falling in the price range from TWD 28 per share to TWD 50 per share. The purpose of the share repurchases is to transfer to its employees. The program is valid till May 25, 2020. As of March 25, 2020, the company has 0 shares in treasury.