Airmate International Co Limited announces an Equity Buyback for 1,000,000 shares, representing 0.72% for TWD 1,472.26 million.
March 15, 2021 at 03:27 am EDT
Airmate (Cayman) International Co Limited (TSEC:1626) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 common shares, representing 0.72% of its issued share capital for TWD 1,472.26 million. The shares will be repurchased between a price range of TWD 20 and TWD 30 per share. The purpose of the program is to protect company reputation and shareholder equity. The plan will be valid up to May 15, 2021. As of March 15, 2021, the company has no shares in treasury.