Sanyang Motor Board Resolves to Cancel Treasury Shares and Sets Capital Reduction Record Date

📋 Article Processing Timeline

  • 📰 Published: May 14, 2026 at 09:00
  • 🔍 Collected: May 15, 2026 at 08:00 (23h 0m after Published)
  • 🤖 AI Analyzed: May 15, 2026 at 08:08 (8 min after Collected)
On May 14, 2026, the board of directors of Sanyang Motor resolved to cancel all shares repurchased in the 17th and 18th treasury stock buybacks. The capital reduction amounts to NT$100,000,000, eliminating 10,000,000 shares, which represents a reduction ratio of 1.28%. The post-reduction capital will be NT$7,736,756,040, with the record date for the capital reduction set for May 28, 2026.