CUB Elecparts Board OKs Repurchase of Up to 5 Million Shares

MT Newswires Live

04/09

CUB Elecparts' (TPE:2231) board approved a plan to repurchase up to 5 million shares, or 3.55%, of its issued stock.

The shares will be acquired between April 9 and June 6, at between NT$80 to NT$120 per share, according to a Tuesday Taiwan Exchange filing.

Shares of the electronic parts manufacturer gained marginally recently.

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