[Swancor Holding] Completion of Capital Change Registration Following Treasury Stock Cancellation and Convertible Bond Conversion
Swancor Holding completed the capital change registration on May 15, 115, following the cancellation of treasury stocks and the conversion of convertible bonds into common shares. The paid-in capital is now NT$921,053,840, with 92,105,384 outstanding shares and a net asset value per share of NT$190.05.
📋 Article Processing Timeline
- 📰 Published: May 19, 2026 at 09:00
- 🔍 Collected: May 20, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 20, 2026 at 08:26 (26 min after Collected)
1. Date of capital reduction approval by the competent authority: May 15, 115
2. Date of completion of capital change registration: May 15, 115
3. Impact on financial reports (including the difference between paid-in capital and outstanding shares, and the impact on net asset value per share):
(1) Treasury stock cancellation in this instance: 5,500,000 shares, par value NT$10 per share, for a total capital reduction of NT$55,000,000.
(2) Before cancellation/reduction: The company had 97,267,193 outstanding shares, paid-in capital of NT$972,671,930, and a net asset value per share of NT$179.97.
(3) After cancellation/reduction: This change registration includes the treasury stock cancellation of NT$55,000,000 and the conversion of convertible corporate bonds into common shares of NT$3,381,910. The paid-in capital is now NT$921,053,840, the number of issued shares is 92,105,384, and the net asset value per share is NT$190.05.
4. Expected share exchange plan: Not applicable
5. Expected number of listed common shares after capital reduction: Not applicable
6. Expected ratio of listed common shares after capital reduction to the total number of issued common shares: Not applicable
7. Measures to address low liquidity if the expected number of listed common shares after capital reduction is less than 60 million shares and less than 25%: Not applicable
8. Other notes:
(1) Net asset value per share is calculated based on the equity attributable to owners of the parent in the Q1 115 consolidated financial statements.
(2) The company received the approval letter for the change registration on May 19, 115.
2. Date of completion of capital change registration: May 15, 115
3. Impact on financial reports (including the difference between paid-in capital and outstanding shares, and the impact on net asset value per share):
(1) Treasury stock cancellation in this instance: 5,500,000 shares, par value NT$10 per share, for a total capital reduction of NT$55,000,000.
(2) Before cancellation/reduction: The company had 97,267,193 outstanding shares, paid-in capital of NT$972,671,930, and a net asset value per share of NT$179.97.
(3) After cancellation/reduction: This change registration includes the treasury stock cancellation of NT$55,000,000 and the conversion of convertible corporate bonds into common shares of NT$3,381,910. The paid-in capital is now NT$921,053,840, the number of issued shares is 92,105,384, and the net asset value per share is NT$190.05.
4. Expected share exchange plan: Not applicable
5. Expected number of listed common shares after capital reduction: Not applicable
6. Expected ratio of listed common shares after capital reduction to the total number of issued common shares: Not applicable
7. Measures to address low liquidity if the expected number of listed common shares after capital reduction is less than 60 million shares and less than 25%: Not applicable
8. Other notes:
(1) Net asset value per share is calculated based on the equity attributable to owners of the parent in the Q1 115 consolidated financial statements.
(2) The company received the approval letter for the change registration on May 19, 115.
FAQ
What is treasury stock cancellation?
It is the legal retirement of shares held by the company, effectively reducing the total number of outstanding shares.
Why did the company reduce its capital?
To optimize the capital structure and increase the net asset value per share.
Does this action affect shareholders?
The reduction in outstanding shares generally helps increase the net asset value per share, which is a positive effect for shareholders.