Lite-On Technology announces Board of Directors' resolution to process capital reduction by cancelling restricted stock units for employees.
Lite-On Technology's Board of Directors resolved to process a capital reduction of NT$6.68 million (668,000 shares) by cancelling restricted stock units for employees that did not meet vesting conditions. The capital after reduction will be NT$23.16 billion.
📋 Article Processing Timeline
- 📰 Published: April 29, 2026 at 09:00
- 🔍 Collected: April 30, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 30, 2026 at 08:10 (10 min after Collected)
1. Date of Board of Directors' resolution: 115/04/29 (April 29, 2026)
2. Reason for capital reduction: Due to some employees who were allocated restricted stock units not meeting the vesting conditions, the restricted stock units will be reclaimed and cancelled to effect a capital reduction.
3. Capital reduction amount: NT$6,680,000
4. Number of shares to be cancelled: 668,000 shares
5. Capital reduction ratio: 0.03%
6. Capital after capital reduction: NT$23,161,077,630
7. Scheduled date of shareholder meeting: Not applicable
8. Number of listed common shares after capital reduction and new share listing: Not applicable
9. Ratio of listed common shares to total issued common shares after capital reduction (Number of listed common shares after reduction / Number of issued common shares after reduction): Not applicable
10. For cases where the number of listed common shares after capital reduction and new share listing (as per items 8 and 9) is less than 60 million shares and less than 25%, please explain measures for low stock liquidity: Not applicable
11. Effective date of capital reduction: 115/04/30 (April 30, 2026)
12. Other matters to be specified: None.
Keywords: Material Information
2. Reason for capital reduction: Due to some employees who were allocated restricted stock units not meeting the vesting conditions, the restricted stock units will be reclaimed and cancelled to effect a capital reduction.
3. Capital reduction amount: NT$6,680,000
4. Number of shares to be cancelled: 668,000 shares
5. Capital reduction ratio: 0.03%
6. Capital after capital reduction: NT$23,161,077,630
7. Scheduled date of shareholder meeting: Not applicable
8. Number of listed common shares after capital reduction and new share listing: Not applicable
9. Ratio of listed common shares to total issued common shares after capital reduction (Number of listed common shares after reduction / Number of issued common shares after reduction): Not applicable
10. For cases where the number of listed common shares after capital reduction and new share listing (as per items 8 and 9) is less than 60 million shares and less than 25%, please explain measures for low stock liquidity: Not applicable
11. Effective date of capital reduction: 115/04/30 (April 30, 2026)
12. Other matters to be specified: None.
Keywords: Material Information