[Fuhua Xin] Board Resolution on Implementation of Share Repurchase (Correction of Estimated Period)
Fuhua Innovation Co., Ltd. announced a board resolution to repurchase up to 5 million shares (1.04% of issued shares) for employee incentives between May 13 and July 12, 2026, with a budget cap of 80 million NTD.
📋 Article Processing Timeline
- 📰 Published: May 12, 2026 at 09:00
- 🔍 Collected: May 23, 2026 at 08:00 (263h 0m after Published)
- 🤖 AI Analyzed: May 23, 2026 at 08:30 (30 min after Collected)
1. Date of Board Resolution: May 12, 2026
2. Purpose: To transfer shares to employees
3. Type of Shares: Common stock
4. Total Repurchase Limit: 3,648,257,333 NTD
5. Scheduled Repurchase Period: May 13, 2026 – July 12, 2026
6. Scheduled Repurchase Quantity: 5,000,000 shares
7. Price Range: 12.00–16.00 NTD per share (continue buying if price is below floor)
8. Method: Open market repurchase
9. Ratio to Issued Shares: 1.04%
The Board has declared that the company's financial status was considered and the repurchase will not impact capital maintenance.
2. Purpose: To transfer shares to employees
3. Type of Shares: Common stock
4. Total Repurchase Limit: 3,648,257,333 NTD
5. Scheduled Repurchase Period: May 13, 2026 – July 12, 2026
6. Scheduled Repurchase Quantity: 5,000,000 shares
7. Price Range: 12.00–16.00 NTD per share (continue buying if price is below floor)
8. Method: Open market repurchase
9. Ratio to Issued Shares: 1.04%
The Board has declared that the company's financial status was considered and the repurchase will not impact capital maintenance.
FAQ
When does Fuhua Innovation's share repurchase end?
It is scheduled to be completed by July 12, 2026.
Who receives the repurchased shares?
They are intended for transfer to employees who meet specific eligibility criteria.
At what price range will the shares be repurchased?
The shares will be repurchased within the range of 12 to 16 NTD per share.