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Wanek Materials Unfazed by Trade War, Announces Stock Buyback Plan

Wanek Materials Unfazed by Trade War, Announces Stock Buyback Plan

Wanek Materials (6967) has announced a stock buyback plan, intending to repurchase 500 shares with a total budget of NT$517 million. The buyback price range will be between NT$31 and NT$79 per share. This move aims to protect shareholder rights and stabilize market confidence.

Wanek expresses that the stock buyback is based on a recognition of the company's value and confidence in future operations, intending to enhance earnings per share and capital return rate. Despite uncertainties arising from the trade war and global economic shifts, Wanek remains cautiously optimistic.