FINWIRES · TerminalLIVE
FINWIRES

Pegatron OKs $50 Million Capital Reduction in Subsidiary

By

Pegatron (TPE:4938) board approved a $50 million capital reduction at its unit, Pegatron Holding, to improve treasury management efficiency.

The capital reduction will cancel 50 million shares, representing 5.31% of the subsidiary's share capital, according to a Thursday Taiwan Exchange filing.

Related Articles