AUO's (TPE:2409) board has approved a share repurchase program under which it plans to buy back 153.4 million shares, representing 2% of its issued shares.
The shares will be purchased at a price range of NT$9.56 to NT$21.26 per share, according to a Wednesday Taiwan Exchange filing.
The buyback, with a total budget of NT$68.39 billion, will take place from Feb. 14 to April 13, the optoelectronic solutions provider said.