[First Financial] First Bank Announces Board Resolution for Capital Increase via Retained Earnings and New Share Issuance for FY2025
First Bank, a subsidiary of First Financial Holding, resolved on April 17, 2026, to issue 269.7 million new shares totaling NTD 2,697,000,000 using the distributable earnings from 2025, to optimize tax planning and strengthen its capital structure.
📋 Article Processing Timeline
- 📰 Published: April 17, 2026 at 09:00
- 🔍 Collected: April 18, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 18, 2026 at 21:51 (13h 51m after Collected)
1. Date of the board of directors resolution: April 17, 2026 (115/04/17)
2. Source of capital increase: 2025 distributable retained earnings
3. Whether to adopt shelf registration for issuing new shares (if yes, please also specify the scheduled issuing period / no): No
4. Total issuance amount and number of shares (if it is a capital increase from earnings or capital surplus, the number of shares issued does not include the part distributed to employees): Total issuance amount is NTD 2,697,000,000; total number of shares issued is 269,700,000 shares.
5. For new shares issued via shelf registration, the issuance amount and number of shares this time: N/A
6. For new shares issued via shelf registration, the remaining balance of amount and shares after this issuance: N/A
7. Par value per share: NTD 10
8. Issue price: N/A
9. Number of shares subscribed or amount distributed to employees: None
10. Number of shares for public sale: None
11. Ratio of subscription or free distribution to original shareholders: Approximately 21.9543 new shares distributed for free per 1,000 shares.
12. Handling method for fractional shares and overdue unsubscribed shares: N/A
13. Rights and obligations of the new shares issued this time: The same as the originally issued common shares.
14. Use of funds from this capital increase: Tax planning and strengthening the capital structure.
15. Other matters to be specified: None
2. Source of capital increase: 2025 distributable retained earnings
3. Whether to adopt shelf registration for issuing new shares (if yes, please also specify the scheduled issuing period / no): No
4. Total issuance amount and number of shares (if it is a capital increase from earnings or capital surplus, the number of shares issued does not include the part distributed to employees): Total issuance amount is NTD 2,697,000,000; total number of shares issued is 269,700,000 shares.
5. For new shares issued via shelf registration, the issuance amount and number of shares this time: N/A
6. For new shares issued via shelf registration, the remaining balance of amount and shares after this issuance: N/A
7. Par value per share: NTD 10
8. Issue price: N/A
9. Number of shares subscribed or amount distributed to employees: None
10. Number of shares for public sale: None
11. Ratio of subscription or free distribution to original shareholders: Approximately 21.9543 new shares distributed for free per 1,000 shares.
12. Handling method for fractional shares and overdue unsubscribed shares: N/A
13. Rights and obligations of the new shares issued this time: The same as the originally issued common shares.
14. Use of funds from this capital increase: Tax planning and strengthening the capital structure.
15. Other matters to be specified: None