Nankang Rubber (2101) Announces 21st Share Buyback Program
Nankang Rubber (2101) has approved its 21st share buyback program aimed at employee stock transfers. The buyback will take place between May 19 and July 18, 2026, with a maximum of 2.2 million shares to be repurchased.
📋 Article Processing Timeline
- 📰 Published: May 20, 2026 at 06:31
- 🔍 Collected: May 20, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 20, 2026 at 07:06 (34 min after Collected)
Announcement Date: May 19, 2026
Company Code: 2101
Company Name: Nankang
Subject: Board resolution to conduct the 21st share buyback.
1. Date of Board Resolution: May 19, 2026
2. Purpose: Transfer to employees.
3. Type of Shares: Common stock.
4. Maximum Buyback Amount: 4,007,924,379 TWD
5. Execution Period: May 19, 2026, to July 18, 2026.
6. Number of Shares to be Repurchased: 2,200,000 shares.
7. Price Range: 27.00 to 45.00 TWD.
8. Execution Method: Open market repurchase.
9. Ratio to Total Issued Shares: 0.30%.
10. Accumulated Shares Held: 108,656,595 shares.
11. Recent History (past 5 years):
(1) Feb 24 - Mar 9, 2026: 2.2 million shares (100% execution)
(2) Jan 6 - Feb 3, 2026: 2.2 million shares (100% execution)
(3) Nov 5, 2025 - Jan 2, 2026: 2.037 million shares (93% execution)
(4) Jul 31 - Sep 3, 2025: 1.833 million shares (83% execution)
(5) Apr 17 - Jun 5, 2025: 3.199 million shares (29% execution)
12. The board has declared that this buyback will not affect the company's capital maintenance. An auditor has deemed the price range reasonable.
Company Code: 2101
Company Name: Nankang
Subject: Board resolution to conduct the 21st share buyback.
1. Date of Board Resolution: May 19, 2026
2. Purpose: Transfer to employees.
3. Type of Shares: Common stock.
4. Maximum Buyback Amount: 4,007,924,379 TWD
5. Execution Period: May 19, 2026, to July 18, 2026.
6. Number of Shares to be Repurchased: 2,200,000 shares.
7. Price Range: 27.00 to 45.00 TWD.
8. Execution Method: Open market repurchase.
9. Ratio to Total Issued Shares: 0.30%.
10. Accumulated Shares Held: 108,656,595 shares.
11. Recent History (past 5 years):
(1) Feb 24 - Mar 9, 2026: 2.2 million shares (100% execution)
(2) Jan 6 - Feb 3, 2026: 2.2 million shares (100% execution)
(3) Nov 5, 2025 - Jan 2, 2026: 2.037 million shares (93% execution)
(4) Jul 31 - Sep 3, 2025: 1.833 million shares (83% execution)
(5) Apr 17 - Jun 5, 2025: 3.199 million shares (29% execution)
12. The board has declared that this buyback will not affect the company's capital maintenance. An auditor has deemed the price range reasonable.
FAQ
What is the purpose of Nankang's current buyback?
It is to acquire shares for transfer to employees.
When is the execution period?
From May 19 to July 18, 2026.
How many shares are being bought?
Up to 2.2 million shares.