【Yisheng】Announcement Regarding Board Resolution to Repurchase Company Shares
Yisheng's board of directors resolved to repurchase company shares to maintain corporate credit and protect shareholder interests. The buyback period is from April 27 to June 15, 2026, with a plan to repurchase up to 10 million shares.
📋 Article Processing Timeline
- 📰 Published: April 23, 2026 at 09:00
- 🔍 Collected: April 24, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 24, 2026 at 08:57 (57 min after Collected)
1. Date of board resolution: 115/04/23
2. Purpose of share buyback: To maintain corporate credit and shareholder interests
3. Type of shares to be repurchased: Common shares
4. Upper limit of total amount for share buyback (NTD): 152,940,057
5. Scheduled buyback period: 115/04/27~115/06/15
6. Scheduled number of shares to be repurchased (shares): 10,000,000
7. Buyback price range (NTD): 9.80~12.00. If the company's stock price falls below the lower limit of the range, the buyback will continue.
8. Buyback method: Repurchase from the centralized trading market
9. Ratio of scheduled repurchased shares to total issued shares (%): 3.61
10. Cumulative number of company shares held at the time of declaration (shares): 0
11. Status of company share buybacks within the three years prior to declaration: No buybacks
12. Status of declared but uncompleted share buybacks: Not applicable
13. Board meeting minutes regarding the resolution to repurchase shares:
Proposal: To proceed with the fifteenth share buyback plan for the company, submitted for board resolution.
Explanation:
1. To maintain corporate credit and shareholder interests, the company plans to execute a share buyback in accordance with Article 28-2 of the Securities and Exchange Act, and cancel the shares within six months from the buyback date.
(1) Purpose of share buyback: To maintain corporate credit and shareholder interests (cancellation of shares).
(2) Type of shares to be repurchased: Common shares.
(3) Scheduled buyback period: 115/04/27~115/06/15.
(4) Scheduled number of shares to be repurchased: 10,000,000 shares.
(5) Buyback price range: NT$9.8 to NT$12 per share. However, if the company's stock price falls below the lower limit of the range, the company will continue to execute the share buyback.
(6) Upper limit of total amount for share buyback: NT$152,940,057.
(7) Buyback method: Repurchase from the centralized trading market.
(8) Ratio of scheduled repurchased shares to total issued shares: 3.61%.
(9) Number and amount of company shares held at the time of declaration: 0 shares, NT$0.
(10) Status of company share buybacks within the five years prior to declaration: Not applicable.
(11) Status of declared but uncompleted share buybacks: Not applicable.
2. The board has considered the company's financial status, and a statement that it will not affect the company's capital maintenance is detailed in the attachment.
3. The securities underwriter's opinion on the reasonableness of the share buyback price is detailed in the attachment.
4. In accordance with regulations, insiders of the company (including their spouses, minor children, and those holding shares in the name of others) are prohibited from selling their company shares during the share buyback period.
5. Regarding the relevant matters of this company share buyback, it is proposed that the chairman be authorized to handle all matters.
This proposal was unanimously approved by all attending directors without objection.
14. Regulations for transfer under Article 10 of the "Regulations Governing Share Repurchases by Listed and OTC Companies": Not applicable
15. Regulations for conversion or subscription under Article 11 of the "Regulations Governing Share Repurchases by Listed and OTC Companies": Not applicable
16. Statement from the board of directors that the company's financial status has been considered and will not affect capital maintenance:
The total number of shares to be repurchased accounts for only 3.61% of the company's issued shares, and the upper limit of the funds required for the share buyback accounts for only 4.93% of the company's current assets. Therefore, the company's board of directors declares that it has considered the company's financial status, and the aforementioned share buyback will not affect the company's capital maintenance.
17. Opinion from the accountant or securities underwriter on the reasonableness of the share buyback price:
Yuanta Securities Co., Ltd. issued an evaluation opinion stating that the scheduled buyback price range of NT$9.8 to NT$12 per share for Yisheng Electronics Co., Ltd.'s planned share buyback will not have a significant adverse impact on the company's financial structure, net asset value per share, earnings per share, return on equity, and liquidity ratio. The evaluation concludes that the scheduled buyback price is reasonable and complies with relevant regulations.
18. Other matters stipulated by the Securities and Futures Bureau: None
2. Purpose of share buyback: To maintain corporate credit and shareholder interests
3. Type of shares to be repurchased: Common shares
4. Upper limit of total amount for share buyback (NTD): 152,940,057
5. Scheduled buyback period: 115/04/27~115/06/15
6. Scheduled number of shares to be repurchased (shares): 10,000,000
7. Buyback price range (NTD): 9.80~12.00. If the company's stock price falls below the lower limit of the range, the buyback will continue.
8. Buyback method: Repurchase from the centralized trading market
9. Ratio of scheduled repurchased shares to total issued shares (%): 3.61
10. Cumulative number of company shares held at the time of declaration (shares): 0
11. Status of company share buybacks within the three years prior to declaration: No buybacks
12. Status of declared but uncompleted share buybacks: Not applicable
13. Board meeting minutes regarding the resolution to repurchase shares:
Proposal: To proceed with the fifteenth share buyback plan for the company, submitted for board resolution.
Explanation:
1. To maintain corporate credit and shareholder interests, the company plans to execute a share buyback in accordance with Article 28-2 of the Securities and Exchange Act, and cancel the shares within six months from the buyback date.
(1) Purpose of share buyback: To maintain corporate credit and shareholder interests (cancellation of shares).
(2) Type of shares to be repurchased: Common shares.
(3) Scheduled buyback period: 115/04/27~115/06/15.
(4) Scheduled number of shares to be repurchased: 10,000,000 shares.
(5) Buyback price range: NT$9.8 to NT$12 per share. However, if the company's stock price falls below the lower limit of the range, the company will continue to execute the share buyback.
(6) Upper limit of total amount for share buyback: NT$152,940,057.
(7) Buyback method: Repurchase from the centralized trading market.
(8) Ratio of scheduled repurchased shares to total issued shares: 3.61%.
(9) Number and amount of company shares held at the time of declaration: 0 shares, NT$0.
(10) Status of company share buybacks within the five years prior to declaration: Not applicable.
(11) Status of declared but uncompleted share buybacks: Not applicable.
2. The board has considered the company's financial status, and a statement that it will not affect the company's capital maintenance is detailed in the attachment.
3. The securities underwriter's opinion on the reasonableness of the share buyback price is detailed in the attachment.
4. In accordance with regulations, insiders of the company (including their spouses, minor children, and those holding shares in the name of others) are prohibited from selling their company shares during the share buyback period.
5. Regarding the relevant matters of this company share buyback, it is proposed that the chairman be authorized to handle all matters.
This proposal was unanimously approved by all attending directors without objection.
14. Regulations for transfer under Article 10 of the "Regulations Governing Share Repurchases by Listed and OTC Companies": Not applicable
15. Regulations for conversion or subscription under Article 11 of the "Regulations Governing Share Repurchases by Listed and OTC Companies": Not applicable
16. Statement from the board of directors that the company's financial status has been considered and will not affect capital maintenance:
The total number of shares to be repurchased accounts for only 3.61% of the company's issued shares, and the upper limit of the funds required for the share buyback accounts for only 4.93% of the company's current assets. Therefore, the company's board of directors declares that it has considered the company's financial status, and the aforementioned share buyback will not affect the company's capital maintenance.
17. Opinion from the accountant or securities underwriter on the reasonableness of the share buyback price:
Yuanta Securities Co., Ltd. issued an evaluation opinion stating that the scheduled buyback price range of NT$9.8 to NT$12 per share for Yisheng Electronics Co., Ltd.'s planned share buyback will not have a significant adverse impact on the company's financial structure, net asset value per share, earnings per share, return on equity, and liquidity ratio. The evaluation concludes that the scheduled buyback price is reasonable and complies with relevant regulations.
18. Other matters stipulated by the Securities and Futures Bureau: None