United Microelectronics sets bond conversion price
United Microelectronics Corporation reported a small capital reduction following cancellation of restricted share awards, with paid-in capital moving from NT$125,769,848,700 to NT$125,700,938,990.
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Rhea-AI Filing Summary
United Microelectronics Corporation reported a small capital reduction following cancellation of restricted share awards, with paid-in capital moving from NT$125,769,848,700 to NT$125,700,938,990. Shares outstanding decreased from 12,546,433,870 to 12,539,542,899, while book value per share rose slightly from NT$35.38 to NT$35.40.
The company also detailed terms for its 2nd domestic unsecured convertible corporate bond. The base price was set using the average closing price of NT$124.5 per share on the reference date, with a conversion premium rate of 104.98%, resulting in a conversion price of NT$130.7 per share. Separately, a July 2026 insider report shows Senior Vice President Chitung Liu’s holdings decreasing by 1,900,000 shares, and Senior Vice President G C Hung recording a new pledge of 1,200,000 shares.
Filing Explained
The capital reduction was completed August 10; the convertible bond filing is effective, but no conversion or new-share issuance is reported.
As a Form 6-K, this filing furnishes material home-market information. UMC’s capital reduction from cancelling restricted share awards is completed: both regulatory approval and capitalization-change registration occurred on
The filing also reports that the second domestic unsecured convertible bond became effective upon filing with Taiwan’s Financial Supervisory Commission. Its conversion price is set, but this filing reports neither a conversion nor issuance of shares from conversion.
Key Figures
Key Terms
capital reduction financial
convertible corporate bond financial
FAQ
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What capital reduction did UMC (UMC) report in August 2026?
What are the conversion terms for UMC’s 2nd domestic unsecured convertible bond?
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