UMC Electronics Co., Ltd.
Notice Regarding the Free Acquisition and Cancellation of Treasury Shares Resulting from the End of the Stock Benefit Trust (BBT)
Following the termination of the BBT, 128,200 shares (0.45%) will be acquired free of charge, with cancellation to be executed on 2026/09/30. Acquisition party: Nippon CSD Bank, acquisition date: 2026/08/28, cancellation date: 2026/09/30, acquisition price: free of charge.
Key Figures
- Total number of treasury shares acquired: 128,200 shares (0.45% of outstanding shares)
- Total number of treasury shares canceled: 128,200 shares (0.45% of outstanding shares)
- Acquisition date: 2026-08-28
- Cancellation date: 2026-09-30
- Total acquisition value: Free of charge
AI要約
Section Heading
This matter concerns the board of directors' resolution to acquire the remaining ordinary shares held in relation to the Stock Benefit Trust (BBT) free of charge and to cancel them in accordance with the Companies Act. The BBT program was introduced for the period from the fiscal year ending March 2025 through the fiscal year ending March 2029, but due to being designated as a watch-list stock, it has been terminated; acquisition and cancellation will be carried out on 2026/08/28 and 2026/09/30. The acquisition party is Nippon Custody Bank (Trust E account), and the total is 128,200 shares (0.45% of outstanding shares).
Section 2 Heading
This treasury stock acquisition and cancellation is considered part of a capital policy aimed at protecting shareholder value and limiting dilution. The acquisition is performed free of charge, with no direct cash burden on finances. The termination of the BBT was due to a system review prompted by the watch-list designation, and the impact on future shareholder return policy remains unclear.
Y.M.C. Electronics Co., Ltd.
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