Dimerco Express Corporation (TPEX:5609) announces a share repurchase program. Under the program, the company will repurchase up to 3,000,000 shares, representing 2.10% of its issued share capital for the total worth of TWD 4,008.48 million. The shares will be repurchased within the price range of TWD 56.14 to TWD 120.21 per share.

The repurchases will be funded from retained earnings and realized capital reserves. The repurchased shares will be transferred to employees. The program will continue through February 10, 2024.

As of December 12, 2023, the company has 142,884,000 issued shares and 140,000 shares in Treasury.