Reported 12 months ago
The Taiwan Stock Exchange urges listed companies to consider buying back treasury stocks to enhance investor confidence, especially for those with low stock prices despite the overall market hitting new highs. The exchange recently announced that from July 1, 2023, to June 30, 2024, 25 companies conducted buybacks, with 15 achieving a buyback rate of 100%. Companies like PharmaEssentia, King's Town Bank, and Taiwan Semiconductor Manufacturing Company were among those successfully implementing their buyback plans. For more details, investors can refer to the exchange's public information platform for comprehensive statistics.
Source: YAHOO