Swancor Holding (3708) Completes Capital Reduction and Convertible Bond Conversion
Swancor Holding announced on May 19, 2026, the completion of its capital reduction through treasury share cancellation and the conversion of convertible bonds into ordinary shares, increasing the book value per share to NT$190.05.
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- 📰 Published: May 20, 2026 at 06:31
- 🔍 Collected: May 20, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 20, 2026 at 07:00 (28 min after Collected)
Announcement Date: May 19, 2026
Company Code: 3708
Company Name: Swancor Holding
Subject: Completion of corporate registration change regarding treasury share cancellation for capital reduction and convertible bond conversion to ordinary shares.
Fact Occurence Date: May 19, 2026
Details:
1. Date of capital reduction approval by the competent authority: May 15, 2026.
2. Date of completion of capital change registration: May 15, 2026.
3. Impact on financial reports (difference between paid-in capital and outstanding shares, and impact on book value per share):
(1) Treasury share cancellation: 5,500,000 shares, par value NT$10 per share, totaling a capital reduction of NT$55,000,000.
(2) Before cancellation: Outstanding shares 97,267,193 shares, paid-in capital NT$972,671,930, book value per share NT$179.97.
(3) After cancellation: This change includes treasury share cancellation of NT$55,000,000 plus NT$3,381,910 from convertible bond conversion. Total paid-in capital is NT$921,053,840, outstanding shares 92,105,384, and book value per share is NT$190.05.
Other notes:
(1) Book value per share is based on the equity attributable to parent company shareholders in the 2026 Q1 consolidated financial statements.
(2) The company received the approval letter for the registration change on May 19, 2026.
Company Code: 3708
Company Name: Swancor Holding
Subject: Completion of corporate registration change regarding treasury share cancellation for capital reduction and convertible bond conversion to ordinary shares.
Fact Occurence Date: May 19, 2026
Details:
1. Date of capital reduction approval by the competent authority: May 15, 2026.
2. Date of completion of capital change registration: May 15, 2026.
3. Impact on financial reports (difference between paid-in capital and outstanding shares, and impact on book value per share):
(1) Treasury share cancellation: 5,500,000 shares, par value NT$10 per share, totaling a capital reduction of NT$55,000,000.
(2) Before cancellation: Outstanding shares 97,267,193 shares, paid-in capital NT$972,671,930, book value per share NT$179.97.
(3) After cancellation: This change includes treasury share cancellation of NT$55,000,000 plus NT$3,381,910 from convertible bond conversion. Total paid-in capital is NT$921,053,840, outstanding shares 92,105,384, and book value per share is NT$190.05.
Other notes:
(1) Book value per share is based on the equity attributable to parent company shareholders in the 2026 Q1 consolidated financial statements.
(2) The company received the approval letter for the registration change on May 19, 2026.
FAQ
How does capital reduction affect shareholders?
Capital reduction mainly optimizes the company's capital structure and increases net value, adjusting the shareholder equity structure accordingly.
What is the book value per share after the change?
After the registration change, the book value per share is NT$190.05.