Fuhwa New Announces Board Resolution to Implement Share Buyback

Q: What are the key facts in this article?

Fuhwa New announced its board's resolution to conduct a share buyback program intended for employee transfer. The program, running from May 13 to July 12, 2026, aims to repurchase 5 million shares at a price between 12.00 and 16.00 TWD.

Q: What is the direct answer?

Fuhwa New announced its board's resolution to conduct a share buyback program intended for employee transfer. The program, running from May 13 to July 12, 2026, aims to repurchase 5 million shares at a price between 12.00 and 16.00 TWD.

Q: What is the source and date?

Source: https://mops.twse.com.tw/material/twse-3056-2026-05-12-6b2f716e | Date: Date unavailable

1. Date of Board Resolution: May 12, 115 (2026) 2. Purpose of Share Buyback: To transfer shares to employees. 3. Type of Shares to Buy Back: Common stock. 4. Maximum Total Amount for Share Buyback (TWD): 3,648,257,333 5. Scheduled Buyback Period: May 13, 115 (2026) ~ July 12, 115 (2026) 6. Scheduled Number of Shares to Buy Back: 5,000,000 7. Buyback Price Range (TWD): 12.00 ~ 16.00. If the company's stock price falls below the lower limit of the range, the buyback will continue. 8. Method of Buyback: Through the centralized securities trading market. 9. Percentage of Company's Outstanding Shares to be Bought Back: 1.04% 10. Accumulated Shares Held at the Time of Declaration: 0 11. History of Company Share Buybacks in the Past Five Years: No buybacks. 12. Status of Declared Buybacks Not Yet Completed: Initial declaration. 13. Minutes of the Board Resolution for Share Buyback: Agenda Item Six: Proposal for the company's first share buyback in 115 (2026) for transfer to employees, for discussion and resolution. Explanation: 1. To incentivize employees and enhance their loyalty, in accordance with Article 28-2, Paragraph 1, Item 1 of the Securities Transaction Act and the 'Regulations Governing Companies Listed on Stock Exchanges Buying Back Their Own Shares' issued by the FSC, the company will repurchase its shares from the centralized securities trading market. Related matters are explained as follows: (1) Purpose of Share Buyback: Transfer of shares to employees. (2) Type of Shares to Buy Back: Common stock of the company. (3) Maximum Total Amount for Share Buyback: NT$80,000,000 (does not exceed the limit of NT$3,648,257,333 set by Article 8 of the 'Regulations Governing Companies Listed on Stock Exchanges Buying Back Their Own Shares'). (4) Scheduled Buyback Period and Quantity: From May 13, 115 (2026) to July 12, 115 (2026); scheduled to repurchase 5,000,000 shares. (5) Buyback Price Range: The estimated buyback price per share is NT$12 to NT$16. However, if the c

Fuhwa New Announces Board Resolution to Implement Share Buyback

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