TAIPEI (CNA) - IC design company VIA Technologies' board of directors decided today to buy back 20,000 shares of treasury stock from the open market starting July 9, with a repurchase price range of NT$48.65 to NT$90 per share.

VIA Technologies stated that the planned period for repurchasing treasury stock is from July 9 to September 8, with a repurchase price range of NT$48.65 to NT$90. The primary purpose of repurchasing treasury stock is to maintain the company's credit and shareholder equity.

VIA Technologies indicated that it has not repurchased treasury stock in the past five years. This is the first time VIA Technologies has implemented a treasury stock buyback in five years.

VIA Technologies' stock closed at NT$74.3 today, up NT$4.8, a 6.91% increase, driven by a surge in buying interest towards the end of trading. (Editor: Lin Chia-hsin) 1150708

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  • Source: CNA (Central News Agency)
  • Category: 公司動態