tiprankstipranks
UMC Announces Capital Increase and Reports Strong November Sales
Company Announcements

UMC Announces Capital Increase and Reports Strong November Sales

Story Highlights

Pick the best stocks and maximize your portfolio:

An announcement from United Micro ( (UMC) ) is now available.

United Microelectronics Corporation announced a capital increase for its 2024 restricted stock awards, with the issuance set at 32,956,000 shares. The company’s November net sales showed a 6.71% increase compared to the previous year, reflecting strong financial performance. Additionally, there were significant transactions involving the trading and pledging of UMC common shares by key company figures.

More about United Micro

United Microelectronics Corporation (UMC) is a leading player in the semiconductor industry, focusing on providing integrated circuit foundry services. The company’s market focus includes the production of high-quality semiconductor wafers for various applications.

YTD Price Performance: -19.21%

Average Trading Volume: 11,716,239

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $16.84B

See more data about UMC stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlyUMC reports November sales NT$20.05M
TipRanks Auto-Generated NewsdeskUMC to Join 2024 Taiwan Corporate Day Conference
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App