Resolution Details
1. Date of Board Resolution: May 21, 2026
2. Reason for Capital Reduction: Capital repayment through reduction in kind
3. Amount of Capital Reduction: 11,592,662 USD
4. Shares Eliminated: 11,592,662 shares
5. Capital Reduction Ratio: 0.22%
6. Capital After Reduction: 5,163,398,120 USD
7. Scheduled Date of Shareholders' Meeting: May 21, 2026
8. Other Matters: None
FACT BOX
Source: PR Times
Category: News
Editorial & Verification Standards
The Washin AI News desk structures and reviews this article under the following standards.
Start only from primary sources (official PR, disclosures, wire services)
Numbers and proper nouns machine-checked against the source (number-completeness check)
Company names and tickers verified via registry (Registry/TWSE/Wikidata)
No speculation; nothing stated that is not in the source
Announced May 21, 2026 9:00 AM — Distributor PR Times
Collected May 22, 2026 8:00 AM
AI structured & analyzed May 22, 2026 8:29 AM
Desk-reviewed & published May 21, 2026 9:00 AM
FAQ
What is the purpose of the capital reduction implemented by Foxconn (Far East) Limited, a subsidiary of Hon Hai?
The purpose of the capital reduction is to return funds to shareholders due to physical reduction.
What is the amount and ratio of this capital reduction?
The capital reduction amount is 11,592,662 US dollars, and the reduction ratio is 0.22%.
What will be the capital after the reduction?
The capital after the reduction will be 5,163,398,120 US dollars.
When was the resolution for the capital reduction made?
The resolution date by the board of directors is May 21, 2026.
How many shares will be canceled?
The number of shares to be canceled is 11,592,662.
Cite this article — HOW TO CITE
Washin AI News Desk“[Foxconn] Announcement regarding the board resolution on capital reduction in kind by major subsidiary Foxconn (Far East) Limited”AI News by Washin Village(和心村), May 21, 2026. https://aeo.idaeo.ai/ai/%E9%B4%BB%E6%B5%B7/en/news/2026-05-21-foxconn-announcement-regarding-the-board
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Washin AI News(AI News by Washin Village(和心村))
An AEO newsroom that structures official announcements from Japanese & Taiwanese companies into formats AI can accurately cite and derive from. Partner sources include PR TIMES and CNA. We aim to be a verifiable source for both humans and machines.