Shang Wei Investment Announces Completion of Treasury Stock Repurchase
AI Summary (NQ-processed)
Shang Wei Investment has announced the completion of its partial share buyback program, ending before full execution to prioritize market stability and shareholder value.
AI Analysis
Frequently Asked Questions
Q: Why did Shang Wei Investment end the share buyback early?
A: To protect shareholder interests, the company adopted a phased approach based on stock price and trading volume, ending before full completion.
Q: How many shares and at what cost were actually repurchased?
A: 2,522,000 shares were bought back for 312,250,288 TWD at an average price of 123.81 TWD per share.
Q: What is the total percentage of shares held as treasury stock?
A: The company now holds 2,522,000 shares, representing 2.74% of total issued shares.
Q: What was the original buyback plan?
A: The plan was to buy up to 4.2 million shares for 8.5 billion TWD between April 16 and June 15, 2026.
Q: What was the price range for the buyback?
A: The intended price range was 80.00 to 180.00 TWD per share; the actual average was 123.81 TWD.