La Kaffa International Co (六角國際), which owns bubble tea brand Chatime (日出茶太) and other food and beverage brands in Taiwan and abroad, yesterday announced its second share buyback program, as its operations have been affected by the COVID-19 pandemic and its shares have plummeted.
The company’s board of directors approved the buyback program earlier yesterday in a bid to support its share prices and safeguard the interests of shareholders, La Kaffa said in a statement.
La Kaffa aims to buy back 1 million or 2.23 percent of its outstanding shares on the open market from today to March 24 at
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