Yuen Chang Stainless Steel Co., Ltd. (TSEC:2069) announces a share repurchase program. Under the program, the company will repurchase up to 5,000,000 shares, representing 3.2% of its issued share capital for TWD 1,381.08 million. The shares will be repurchased at a price falling in the price range from TWD 18 per share to TWD 9 per share. The purpose of the share repurchases is to transfer to its employees. The repurchase program will continue until May 19, 2020. As of March 20, 2020, the company has no shares in treasury.