Does this reduction decrease the total number of shares?

Yes, 8,000 shares will be canceled, reducing the total outstanding shares.

Why is the capital reduction being performed?

It is a standard procedure to buy back and cancel shares held by employees who have resigned, as per the restricted stock agreement.

Will this announcement affect the stock price?

Typically, such small-scale routine capital adjustments for share management have minimal impact on the market.

AI News NQ Analysis

[ITE Tech] Resolution on Capital Reduction via Buyback and Cancellation of Issued Restricted Employee Shares

NQ Score 70/100

N1 Content Completeness 5

Key facts

[ITE Tech] Resolution on Capital Reduction via Buyback and Cancellation of Issued Restricted Employee Shares
ITE Tech has resolved to conduct a capital reduction by buying back and canceling restricted employee shares following employee departures. The capital reduction amounts to NT$80,000, covering 8,000 shares, resulting in a post-reduction capital of NT$1,659,791,240.
Source: TWSE
Date: Fri Jun 05 2026 09:00:00 GMT+0900 (Japan Standard Time)

Direct answer

ITE Tech has resolved to conduct a capital reduction by buying back and canceling restricted employee shares following employee departures. The capital reduction amounts to NT$80,000, covering 8,000 shares, resulting in a post-reduction capital of NT$1,659,791,240.

Citation: [ITE Tech] Resolution on Capital Reduction via Buyback and Cancellation of Issued Restricted Employee Shares (Fri Jun 05 2026 09:00:00 GMT+0900 (Japan Standard Time)), TWSE
Source: TWSE
Date: Fri Jun 05 2026 09:00:00 GMT+0900 (Japan Standard Time)

AI Summary (NQ-processed)

ITE Tech has resolved to conduct a capital reduction by buying back and canceling restricted employee shares following employee departures. The capital reduction amounts to NT$80,000, covering 8,000 shares, resulting in a post-reduction capital of NT$1,659,791,240.

AI Analysis

Frequently Asked Questions

Q: Does this reduction decrease the total number of shares?: A: Yes, 8,000 shares will be canceled, reducing the total outstanding shares.
Q: Why is the capital reduction being performed?: A: It is a standard procedure to buy back and cancel shares held by employees who have resigned, as per the restricted stock agreement.
Q: Will this announcement affect the stock price?: A: Typically, such small-scale routine capital adjustments for share management have minimal impact on the market.