Announcement of the company's 10th treasury share
repurchase result at the end of repurchase period
Date of events
2022/06/20
To which item it meets
paragraph 35
Statement
1.Originally determined ceiling on total monetary amount of the share
repurchase (NTD):5,272,887,000
2.Originally scheduled period for the repurchase:2022/04/21~2022/06/20
3.Originally determined no.of shares to be repurchased (shares):20,000,000
4.Originally determined repurchase price range (NTD):28.00~38.00
5.Actual period of the current repurchase:2022/04/25~2022/06/17
6.No.of shares currently repurchased (shares):10,342,000
7.Total monetary amount of shares currently repurchased (NTD):307,112,242
8.Current average repurchase price per share (NTD):29.70
9.Cumulative no.of the company's own shares held (shares):10,342,000
10.Cumulative no.of the company's own shares as a percentage of the total
no.of the company's issued shares (%):2.55%
11.Reason for non-completion of the current share repurchase:
Considering the effect of stock repurchases on the company's share price
and the aim to maintain shareholder's equity, the company shall execute
the stock repurchase program in phases based on its current market price;
therefore, the buyback of treasury stocks has yet to be completed.
12.Any other matters that need to be specified:None
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Disclaimer
GemTek Technology Co. Ltd. published this content on 20 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 June 2022 15:03:08 UTC.
GEMTEK TECHNOLOGY Co., Ltd. is a Taiwan-based company principally engaged in the research, development, manufacture and distribution of wireless communications products. The Companyâs primary products include wireless gateways and wireless local area network (WLAN) cards. The Companyâs products are mainly used in the manufacturing of office computers and computer wireless transmission equipment, as well as wireless and wired network transmission equipment. The Company is also involved in the trading of computer radios, wires, packaging materials, reader-writers and other raw materials. The Company mainly distributes its products to overseas markets.
GEMTEK TECHNOLOGY CO., LTD. 
