[CTBC] Announcement Regarding Board Resolution on Capital Reduction via Repurchase and Cancellation of Restricted Employee Shares
CTBC Financial Holding has resolved to reduce capital by repurchasing and canceling restricted shares that did not meet vesting conditions. The reduction amounts to approximately 9.18 million NTD, representing 0.0046% of capital.
📋 Article Processing Timeline
- 📰 Published: May 22, 2026 at 09:00
- 🔍 Collected: May 23, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 24, 2026 at 06:58 (22h 58m after Collected)
1. Date of Board Resolution: May 22, 2026
2. Reason for Capital Reduction: Repurchase and cancellation of restricted shares as employees failed to meet vesting conditions.
3. Amount of Capital Reduction: 9,185,220 NTD
4. Number of Shares Eliminated: 918,522 shares
5. Ratio of Capital Reduction: 0.0046%
6. Paid-in Capital after Reduction: 201,768,883,810 NTD
7. Expected Date of Shareholders' Meeting: Not applicable
8. Number of listed common shares after reduction: Not applicable
9. Ratio of listed common shares after reduction: Not applicable
10. Measures for low liquidity: Not applicable
11. Record Date for Capital Reduction: May 25, 2026
12. Other matters: The record date is May 25, 2026. If changes are necessary due to actual operations, the board authorizes the Chairman to make adjustments.
2. Reason for Capital Reduction: Repurchase and cancellation of restricted shares as employees failed to meet vesting conditions.
3. Amount of Capital Reduction: 9,185,220 NTD
4. Number of Shares Eliminated: 918,522 shares
5. Ratio of Capital Reduction: 0.0046%
6. Paid-in Capital after Reduction: 201,768,883,810 NTD
7. Expected Date of Shareholders' Meeting: Not applicable
8. Number of listed common shares after reduction: Not applicable
9. Ratio of listed common shares after reduction: Not applicable
10. Measures for low liquidity: Not applicable
11. Record Date for Capital Reduction: May 25, 2026
12. Other matters: The record date is May 25, 2026. If changes are necessary due to actual operations, the board authorizes the Chairman to make adjustments.
FAQ
Why is CTBC canceling restricted shares?
The shares are being repurchased and canceled because the employees did not meet the vesting conditions, allowing the company to adjust its capital.
Does this capital reduction affect the market?
Given the very small reduction ratio of 0.0046%, the impact on the market is negligible.
What is the record date for this capital reduction?
The record date is May 25, 2026.