Phoenix Silicon International Board Approves Share Buyback for Employee Transfer

Phoenix Silicon International Corporation (RSIC) announced that its board has approved a plan to buy back 1,000,000 common shares from the market between May 13 and July 12, 2026. The buyback price range is set at NT$175 to NT$300 per share, with a total budget capped at NT$300 million. The primary goal of this initiative is to transfer the shares to employees as an incentive and to retain key talent. The company stated that this buyback will not significantly impact its financial structure or capital maintenance.