Largan Precision: Board of Directors' Resolution to Cancel Treasury Shares and Reduce Capital
Largan Precision's Board of Directors has approved a resolution to cancel 2,670,000 treasury shares and reduce capital by NT$26,700,000. This capital reduction is expected to enhance shareholder value by decreasing the number of outstanding shares and improving earnings per share.
📋 Article Processing Timeline
- 📰 Published: April 20, 2026 at 09:00
- 🔍 Collected: April 21, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 28, 2026 at 22:18 (182h 18m after Collected)
1. Date of Board of Directors' Resolution: 2026/04/20
2. Reason for Capital Reduction: To cancel 2,670,000 treasury shares repurchased by the Company for the second time.
3. Capital Reduction Amount: NT$26,700,000.
4. Shares to be Cancelled: 2,670,000 shares.
5. Capital Reduction Ratio: 2%.
6. Capital after Capital Reduction: NT$1,307,981,970.
7. Scheduled Date of Shareholder Meeting: Not applicable.
8. Estimated Number of Listed Ordinary Shares after Capital Reduction and New Share Listing: Not applicable.
9. Ratio of Estimated Number of Listed Ordinary Shares after Capital Reduction and New Share Listing to Total Issued Ordinary Shares (Listed Ordinary Shares after Capital Reduction / Total Issued Ordinary Shares after Capital Reduction): Not applicable.
10. If the estimated number of listed ordinary shares after capital reduction in the preceding two items is less than 60 million shares and less than 25%, please explain the countermeasures for low stock liquidity: Not applicable.
11. Capital Reduction Record Date: 2026/04/20.
12. Other Matters to be Specified: None. Keywords: Material Information.
2. Reason for Capital Reduction: To cancel 2,670,000 treasury shares repurchased by the Company for the second time.
3. Capital Reduction Amount: NT$26,700,000.
4. Shares to be Cancelled: 2,670,000 shares.
5. Capital Reduction Ratio: 2%.
6. Capital after Capital Reduction: NT$1,307,981,970.
7. Scheduled Date of Shareholder Meeting: Not applicable.
8. Estimated Number of Listed Ordinary Shares after Capital Reduction and New Share Listing: Not applicable.
9. Ratio of Estimated Number of Listed Ordinary Shares after Capital Reduction and New Share Listing to Total Issued Ordinary Shares (Listed Ordinary Shares after Capital Reduction / Total Issued Ordinary Shares after Capital Reduction): Not applicable.
10. If the estimated number of listed ordinary shares after capital reduction in the preceding two items is less than 60 million shares and less than 25%, please explain the countermeasures for low stock liquidity: Not applicable.
11. Capital Reduction Record Date: 2026/04/20.
12. Other Matters to be Specified: None. Keywords: Material Information.