Board Sets Capital Reduction Record Date to Cancel Reclaimed Restricted Stock Shares
Original: 董事會決議註銷收回限制員工權利新股之減資基準日
Summary
Wistron's board of directors resolved to establish a capital reduction record date for the formal cancellation of restricted employee stock shares that have been reclaimed by the company. This typically arises when restricted shares vest conditions are not met (e.g., employee departure before vesting), requiring a statutory capital reduction to retire the forfeited shares. The administrative reduction does not affect operating capital and is routine for companies with active restricted stock award programs. Full body available on MOPS.
Full Translation
Board of Directors resolved to set the capital reduction record date for the cancellation of reclaimed restricted employee stock (new shares). Context: Under Taiwan's restricted stock award (RSA) framework (限制員工權利新股), shares that are reclaimed from employees who fail to meet vesting conditions must be formally retired via a capital reduction procedure. The board resolution establishes the record date on which the share registry will be updated to reflect the cancellation of those forfeited shares, reducing paid-in capital by the corresponding par value amount. This is a housekeeping step mandated by ROC Company Act requirements and does not represent a strategic capital restructuring. [Body not available — subject line only. See MOPS for full announcement.]