China Steel Corporation (TSEC:2002) announces a share repurchase program. Under the program, the company will repurchase up to 150,000,000 common shares, representing 0.95% of its issued share capital, for total worth of TWD 137,923.04 million. The shares will be repurchased at a price falling in the price range from TWD 16.98 per share to TWD 37.26 per share.

The purpose of the share repurchase is to transfer shares to employees. The program is valid till January 5, 2024.