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Hsiang Wen Hsin Announces Board Resolution for First-Ever Treasury Stock Repurchase

AI Summary (NQ-processed)

Hsiang Wen Hsin's board has resolved to repurchase shares to uphold corporate credibility and shareholder interests, planning to acquire up to 1.5 million ordinary shares on the open market with a total budget capped at NT$1.318 billion.

AI Analysis

Frequently Asked Questions

Q: What is the maximum price per share for the buyback?
A: The maximum price is NT$49.00 per share.
Q: When does the repurchase period end?
A: The scheduled end date is August 14, 115.
Q: How might this repurchase affect the stock price?
A: It may support the stock price by improving supply-demand and signaling confidence.