[Nankang Tire] Announcement regarding the completion of the 21st share repurchase program
Nankang Tire has completed its 21st share repurchase program, acquiring 2.2 million shares at an average price of 30.67 NTD.
📋 Article Processing Timeline
- 📰 Published: June 3, 2026 at 09:00
- 🔍 Collected: June 4, 2026 at 12:00 (27h 0m after Published)
- 🤖 AI Analyzed: June 7, 2026 at 06:45 (66h 45m after Collected)
1. Original maximum total amount for repurchase (NTD): 4,007,924,379
2. Original planned repurchase period: 2026/05/19 ~ 2026/07/18
3. Original planned repurchase quantity (shares): 2,200,000
4. Original planned repurchase price range (NTD): 27.00 ~ 45.00
5. Actual repurchase period: 2026/05/20 ~ 2026/06/03
6. Total shares repurchased (shares): 2,200,000
7. Total amount for actual repurchase (NTD): 67,482,257
8. Average repurchase price per share (NTD): 30.67
9. Cumulative shares held (shares): 13,065,595
10. Ratio of cumulative shares held to total issued shares (%): 1.78
11. Reasons for not fully executing: None
12. Other matters: None
2. Original planned repurchase period: 2026/05/19 ~ 2026/07/18
3. Original planned repurchase quantity (shares): 2,200,000
4. Original planned repurchase price range (NTD): 27.00 ~ 45.00
5. Actual repurchase period: 2026/05/20 ~ 2026/06/03
6. Total shares repurchased (shares): 2,200,000
7. Total amount for actual repurchase (NTD): 67,482,257
8. Average repurchase price per share (NTD): 30.67
9. Cumulative shares held (shares): 13,065,595
10. Ratio of cumulative shares held to total issued shares (%): 1.78
11. Reasons for not fully executing: None
12. Other matters: None
FAQ
What is the scale of Nankang Tire's share repurchase?
The company repurchased 2.2 million shares for a total of 67,482,257 NTD.
What is the purpose of the share buyback?
While not specified, it is typically conducted to improve capital efficiency and return value to shareholders.
What was the average repurchase price?
The average price was 30.67 NTD per share.