King Yuan Electronics Co., Ltd. (KYEC) Announces Board Resolution to Buy Back and Cancel Restricted Stock Units for Employees
King Yuan Electronics announced its Board of Directors' resolution to buy back and cancel 10,200 restricted stock units (NT$102,000) because employees failed to meet vesting conditions.
📋 Article Processing Timeline
- 📰 Published: May 8, 2026 at 09:00
- 🔍 Collected: May 9, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 9, 2026 at 08:41 (41 min after Collected)
1. Date of Board Resolution: 2026/05/08
2. Reason for Capital Reduction: Due to employees who were originally granted restricted stock units not meeting the vesting conditions, the company's Board of Directors resolved to buy back and cancel all such restricted stock units for capital reduction purposes.
3. Capital Reduction Amount: NT$102,000
4. Shares to be Cancelled: 10,200 shares
5. Capital Reduction Ratio: 0.00%
6. Capital after Reduction: NT$5,269,157,600
7. Scheduled Date of Shareholders' Meeting: Not applicable
8. Expected Number of Listed Common Shares after Capital Reduction and New Share Listing: Not applicable
9. Expected Ratio of Listed Common Shares to Total Issued Common Shares after Capital Reduction (Listed Common Shares after Reduction / Total Issued Common Shares after Reduction): Not applicable
10. For cases where the expected number of listed common shares after capital reduction (items 8 and 9) does not reach 60 million shares and 25%, please explain the measures to address low stock liquidity: Not applicable
11. Record Date for Capital Reduction: 2026/05/11
12. Other Matters to be Specified: None
2. Reason for Capital Reduction: Due to employees who were originally granted restricted stock units not meeting the vesting conditions, the company's Board of Directors resolved to buy back and cancel all such restricted stock units for capital reduction purposes.
3. Capital Reduction Amount: NT$102,000
4. Shares to be Cancelled: 10,200 shares
5. Capital Reduction Ratio: 0.00%
6. Capital after Reduction: NT$5,269,157,600
7. Scheduled Date of Shareholders' Meeting: Not applicable
8. Expected Number of Listed Common Shares after Capital Reduction and New Share Listing: Not applicable
9. Expected Ratio of Listed Common Shares to Total Issued Common Shares after Capital Reduction (Listed Common Shares after Reduction / Total Issued Common Shares after Reduction): Not applicable
10. For cases where the expected number of listed common shares after capital reduction (items 8 and 9) does not reach 60 million shares and 25%, please explain the measures to address low stock liquidity: Not applicable
11. Record Date for Capital Reduction: 2026/05/11
12. Other Matters to be Specified: None