Inform Optoelectronics Board Approves Share Buyback of 5 Million Common Shares at NT0.00 to NT9.70 per Share
📋 Article Processing Timeline
- 📰 Published: May 12, 2026 at 09:00
- 🔍 Collected: May 13, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 13, 2026 at 11:09 (3h 9m after Collected)
Inform Optoelectronics Co., Ltd. announced that its board of directors resolved on May 12, 2026, to repurchase the company’s common shares in order to maintain the company’s credit and protect shareholders’ interests. The planned repurchase period runs from May 13, 2026, to July 11, 2026. The company plans to buy back 5,000,000 shares, representing 3.46% of its total issued shares. The repurchase price range is NT0.00 to NT9.70 per share, and the company will continue the repurchase even if the share price falls below the lower end of the range. The shares will be repurchased from the centralized securities exchange market. The statutory maximum amount available for share repurchases is NT,028,705,729, while the maximum amount planned for this repurchase is NT8.5 million. The company held no treasury shares at the time of filing. In the past five years, the company carried out two previous repurchase programs, each for 1,000,000 shares, during August 22 to October 21, 2025, and April 11 to June 9, 2025. Both programs were completed with a 100% execution rate. The board stated that the planned repurchase represents only 3.46% of issued shares, and the maximum required amount accounts for only 7.75% of current assets. The board has considered the company’s financial condition and concluded that the repurchase will not affect capital maintenance. The accountant’s assessment also stated that repurchasing shares at NT0.00 to NT9.70 per share would not have a material impact on the company’s financial structure, solvency, profitability, or cash flow, and that the price range remains reasonable.