UMC Repurchases Over $64 Million in Shares, Actively Executing Buyback Program
UMC has more than doubled off its 52-week low of $6.56.
Summary
UMC announced it has repurchased over $64 million in shares, actively executing its previously approved buyback program.
Key Events · Financing and Capital Events · UMC
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Share Repurchase Update
The company repurchased 3.78 million common shares for approximately $64.56 million (NTD$406.6 million).
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Program Execution
This repurchase activity is part of the $171 million share repurchase program approved on April 29, 2026, demonstrating active execution.
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Cumulative Holdings
Cumulative shares held by the company during the repurchase period now total 20.53 million, representing 0.16% of total issued shares.
Analysis · UMC · Manufacturing
United Microelectronics Corporation has repurchased 3.78 million common shares for approximately $64.56 million (NTD$406.6 million) as part of its previously announced share repurchase program. This update confirms the company's active execution of its capital return strategy, demonstrating management's commitment to enhancing shareholder value.
At the time of this filing, UMC was trading at $17.07 on NYSE in the Manufacturing sector, with a market capitalization of approximately $43B. The 52-week trading range was $6.56 to $17.32. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.