The disposal is a routine bond conversion event with no earnings impact. Monitor UMC's future 6-K filings for any further Novatek share disposals or changes in investment strategy, but no immediate trading signal from this filing.
Price Chart
Executive Summary
UMC disclosed the disposal of 2,896,036 common shares of Novatek Microelectronics Corporation via conversion of zero-coupon exchangeable bonds due 2026, generating total proceeds of NT$1.39 billion. The transaction resulted in a NT$1.01 billion gain recorded to retained earnings with no impact on net income. This is a routine portfolio adjustment with no material effect on UMC's core semiconductor operations.
Key Facts
- Disposed 2,896,036 Novatek shares at average price of NT$479.8 per share, total NT$1,389,518,072
- Gain of NT$1,007,168,830 recorded to retained earnings, no impact on net income
- Post-disposal, UMC holds 12,373,857 Novatek shares (2.03% stake) valued at NT$5.98 billion
- Transaction executed via conversion of zero-coupon exchangeable bonds due 2026
- Counterparty is not a related party; no board resolution required
Financial Impact
NT$1.01 billion gain to retained earnings; no P&L impact
Risk Factors
- Further disposals could signal portfolio rebalancing but are not indicated
- No material risk to UMC's core business from this transaction
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001193125-26-274873 |
| Document: umc-ex99_1.htm | 0001193125-26-274873 |
| Document: 0001193125-26-274873-index-headers.html | 0001193125-26-274873 |
| Document: 0001193125-26-274873-index.html | 0001193125-26-274873 |
| Document: 0001193125-26-274873.txt | 0001193125-26-274873 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 4, 2026 28d ago | 6-K | $20.77 $21.90 | ▲ +5.44% | ▲ +6.65% | $26.27 (+26.48%) |
Sep 2, 2026 4w ago | 6-K | $19.97 $22.12 | ▲ +10.77% | ▲ +11.72% | $26.27 (+31.55%) |
Aug 26, 2026 5w ago | 6-K | $19.03 $19.97 | ▼ −4.94% | ▼ −5.06% | $26.27 (−38.05%) |
Aug 14, 2026 7w ago | 6-K | $19.15 $18.34 | ▲ +4.23% | ▲ +2.86% | $26.27 (−37.18%) |
Aug 5, 2026 8w ago | 6-K | $19.29 $19.31 | ▲ +0.10% | ▼ −0.25% | $26.27 (+36.18%) |
Jul 21, 2026 10w ago | 6-K | $21.19 $19.08 | ▼ −9.96% | ▼ −8.73% | $26.27 (+23.97%) |
Jul 15, 2026 11w ago | 6-K | $24.92 $21.29 | ▼ −14.57% | ▼ −13.59% | $26.27 (+5.42%) |
Jul 14, 2026 11w ago | 6-K | $23.84 $20.30 | ▼ −14.85% | ▼ −13.55% | $26.27 (+10.19%) |
Jul 6, 2026 12w ago | 6-K | $25.83 $24.34 | ▼ −5.77% | ▼ −6.26% | $26.27 (+1.70%) |
Jun 29, 2026 13w ago | 6-K | $26.84 $25.83 | ▼ −3.76% | ▼ −5.15% | $26.27 (−2.12%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access