[Huang Chang] Announcement of Board Resolution on Stock Buyback (Correction of Buyback Period)
Key facts
- [Huang Chang] Announcement of Board Resolution on Stock Buyback (Correction of Buyback Period)
- Huang Chang Construction resolves to buy back up to 20 million shares of its own stock for employee transfer.
- Source: PR Times
- Date: May 19, 2026
Direct answer
Huang Chang Construction resolves to buy back up to 20 million shares of its own stock for employee transfer.
- Citation
- [Huang Chang] Announcement of Board Resolution on Stock Buyback (Correction of Buyback Period) (May 19, 2026), PR Times
- Source
- PR Times
- Date
- May 19, 2026
Huang Chang Construction resolves to buy back up to 20 million shares of its own stock for employee transfer.
📋 Article Processing Timeline
- 📰 Published: May 19, 2026 at 09:00
- 🔍 Collected: May 23, 2026 at 08:00 (95h 0m after Published)
- 🤖 AI Analyzed: May 24, 2026 at 08:27 (24h 27m after Collected)
1. Date of Board resolution: May 19, 2026
2. Purpose of buyback: Transfer of shares to employees
3. Type of shares: Common stock
4. Maximum total amount for buyback: 4,192,993,463 TWD
5. Scheduled period for buyback: May 19, 2026, to July 18, 2026
6. Number of shares to be bought back: 20,000,000 shares
7. Price range: 35.00 - 70.00 TWD (continue buyback if market price is lower than the lower bound)
8. Method: Market purchase on the centralized exchange
9. Ratio of shares to be bought back to total issued shares: 3.78%
10. Accumulated shares currently held: 0
11. Past buyback records (past 5 years): Nov 14, 2025 - Jan 13, 2026, planned 10M shares, executed 3.842M shares (38.00% execution rate)
12. Unexecuted buybacks: Not applicable
13. Board meeting minutes: 4th Board Meeting of 2026
14. Regulation for employee transfer: Based on the '7th Buyback and Employee Transfer Rules' of Huang Chang Construction, transfer to take place within 5 years.
15. Conversion regulations: Not applicable
16. Financial status declaration: Buyback does not impact capital maintenance.
17. Rationality assessment: Assessed as reasonable by Uni-President Securities Corp.
18. Others: None
2. Purpose of buyback: Transfer of shares to employees
3. Type of shares: Common stock
4. Maximum total amount for buyback: 4,192,993,463 TWD
5. Scheduled period for buyback: May 19, 2026, to July 18, 2026
6. Number of shares to be bought back: 20,000,000 shares
7. Price range: 35.00 - 70.00 TWD (continue buyback if market price is lower than the lower bound)
8. Method: Market purchase on the centralized exchange
9. Ratio of shares to be bought back to total issued shares: 3.78%
10. Accumulated shares currently held: 0
11. Past buyback records (past 5 years): Nov 14, 2025 - Jan 13, 2026, planned 10M shares, executed 3.842M shares (38.00% execution rate)
12. Unexecuted buybacks: Not applicable
13. Board meeting minutes: 4th Board Meeting of 2026
14. Regulation for employee transfer: Based on the '7th Buyback and Employee Transfer Rules' of Huang Chang Construction, transfer to take place within 5 years.
15. Conversion regulations: Not applicable
16. Financial status declaration: Buyback does not impact capital maintenance.
17. Rationality assessment: Assessed as reasonable by Uni-President Securities Corp.
18. Others: None
FAQ
Why is Huang Chang Construction conducting a stock buyback?
It aims to enhance employee loyalty through stock transfers to employees.
How long will the buyback continue?
It is scheduled to continue until July 18, 2026.
Is there an impact on financial stability?
The buyback amount is 15.31% of current assets, and the company states it will not adversely affect financial health.