Sercomm Corporation (TSEC:5388) announces a share repurchase program. Under the program,the company will repurchase up to 5,000,000 shares, representing 1.98% of its issued share capital for TWD 5,618.88 million. The shares will be repurchased within the price range of TWD 55.16 to TWD 90 per share.

The purpose of the program is to transfer the shares to employees. The program will be valid up to December 2, 2022. As of September 30, 2022, the company has no shares in treasury.