Anlan Construction (5548-TW) announced it will begin repurchasing up to 2,000 shares starting Nov 11 for a two-month period at a price of NT$13.5 to NT$29.8 per share, marking the company's first share buyback since listing. The buyback aims to support employee stock allocation programs.
The move follows the company's October revenue of NT$393 million, a company record representing 118% year-over-year growth, as the construction firm expands its project pipeline to over NT$10 billion following major contract wins.