[Phison] Announces Board of Directors' Resolution to Conduct Treasury Stock Buyback and Cancellation of Restricted Employee Stock Options, and Capital Reduction
Phison announced its board of directors resolved to conduct a treasury stock buyback and cancel restricted employee shares, leading to a capital reduction of NT$6.2 million.
📋 Article Processing Timeline
- 📰 Published: May 11, 2026 at 09:00
- 🔍 Collected: May 12, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 12, 2026 at 22:13 (14h 13m after Collected)
1. Date of Board of Directors' resolution: 115/05/11
2. Reason for capital reduction:
(1) Cancellation of 620,000 shares repurchased as treasury stock, in accordance with Article 28-2 of the Securities Transaction Act.
(2) Cancellation of 450 restricted employee stock options due to employees leaving before meeting vesting conditions.
3. Capital reduction amount: NT$6,204,500
4. Shares to be cancelled: 620,450 shares
5. Capital reduction ratio: 0.83%
6. Share capital after capital reduction: NT$741,566,790
7. Date of shareholders' meeting: Not applicable
8. Number of common shares listed after capital reduction: Not applicable
9. Percentage of listed common shares after capital reduction to issued common shares (post-reduction listed common shares / post-reduction issued common shares): Not applicable
10. If the number of listed common shares after reduction is less than 60 million and less than 25%, please explain measures to address low equity circulation liquidity: Not applicable
11. Base date for capital reduction:
(1) Treasury stock: To be determined by the Chairman.
(2) Restricted employee stock options: May 14, 115.
12. Other matters to be noted: None.
2. Reason for capital reduction:
(1) Cancellation of 620,000 shares repurchased as treasury stock, in accordance with Article 28-2 of the Securities Transaction Act.
(2) Cancellation of 450 restricted employee stock options due to employees leaving before meeting vesting conditions.
3. Capital reduction amount: NT$6,204,500
4. Shares to be cancelled: 620,450 shares
5. Capital reduction ratio: 0.83%
6. Share capital after capital reduction: NT$741,566,790
7. Date of shareholders' meeting: Not applicable
8. Number of common shares listed after capital reduction: Not applicable
9. Percentage of listed common shares after capital reduction to issued common shares (post-reduction listed common shares / post-reduction issued common shares): Not applicable
10. If the number of listed common shares after reduction is less than 60 million and less than 25%, please explain measures to address low equity circulation liquidity: Not applicable
11. Base date for capital reduction:
(1) Treasury stock: To be determined by the Chairman.
(2) Restricted employee stock options: May 14, 115.
12. Other matters to be noted: None.