1229 Lian Hwa: Announcement of the 9th Treasury Stock Buyback
Lian Hwa Industrial Holdings (1229) announced on May 25, 2026, that its board of directors approved the 9th treasury stock buyback program. The company plans to repurchase up to 14 million common shares from May 26 to July 24, 2026, to incentivize employees.
📋 Article Processing Timeline
- 📰 Published: May 26, 2026 at 06:31
- 🔍 Collected: May 26, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 31, 2026 at 20:14 (133h 42m after Collected)
Disclosure Date: 115/05/26. Announcement Date: 115/05/25. Company Code: 1229. Company Name: Lian Hwa. Subject: Board approval for the 9th treasury stock buyback. Fact Date: 115/05/25. Details: 1. Board resolution date: 115/05/25. 2. Purpose: Transfer to employees. 3. Type: Common shares. 4. Maximum total amount: 15,458,997,858 TWD. 5. Period: 115/05/26 to 115/07/24. 6. Quantity: 14,000,000 shares. 7. Price range: 39.00 to 48.00 TWD (buyback continues if price is below the lower limit). 8. Method: Open market. 9. Percentage of total issued shares: 0.78%. 10. Accumulated shares held: 0. 11. Past 5-year history: None. 12. Unfinished buybacks: None. 13. Board minutes: Resolution to buy back 14,000,000 shares. 14. Employee transfer policy: Established to boost employee morale under the Securities and Exchange Act. 15. Conversion/Subscription: Not applicable. 16. Financial statement: Buyback will not affect capital maintenance. 17. Fairness opinion: KGI Securities evaluated the price range as reasonable. 18. Other: Not applicable.
FAQ
What happens if the stock price falls below the buyback range?
The company will continue to buy back shares even if the price is below the lower limit of the range.