APCB (TPE:6108) approved a capital reduction by NT$25 million by redeeming and canceling 2.5 million shares, according to a Friday Taiwan Exchange filing.
Shares gained over 2% in Monday's midday trade.
The cancelled shares represent 1.59% of total share capital, the printed circuit boards said.
Following the reduction, the company's share capital will stand at NT$1.545 billion, with the record date set for March 20.
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