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Acer Incorporated (ACID)

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Tuesday 05 May, 2020

Acer Incorporated

To announce the Company's information

RNS Number : 9759L
Acer Incorporated
05 May 2020
 

Subject: To announce the expiry of shares buyback

Date of events: 2020/05/05

Contents:

1.  Originally determined ceiling on total monetary amount of the share repurchase:

  NTD30,477,974,569

2.  Original scheduled period for the repurchase: 2020/03/13~2020/05/05

3.  Originally determined number of shares to be repurchased: 230,000,000 shares

4.  Originally determined repurchase price range: NTD10.05~NTD13.5

5.  Date of expiry of the repurchase period or completion of the repurchase: 

  2020/03/13~2020/03/23

6.   Number of shares repurchased: 27,080,000 shares

7.  Total monetary amount of shares repurchased: NTD361,943,540

8.  Average repurchase price per share: NTD13.37

9.  Cumulative number of own shares held: 27,080,000 shares

10. Ratio of cumulative number of own shares held during the repurchase period to the
total number of the Company's issued shares: 0.88%

11. Reason for non-completion of the share repurchase at expiry of the repurchase period:

  Given the stock price during the execution period was higher than the ceiling of the 

  repurchase price, thus execution of share repurchase was unable to be fully completed.

12. Any other matters that need to be specified: N/A


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