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Capital stock (Tables)

12 Months Ended

Dec. 31, 2020

Movements in the number of the Company’s ordinary shares outstanding are as follows:


	2018			2019			2020
	in thousands			in thousands			in thousands
January 1		856,059			727,265			727,240
Restricted shares – cancelled		(349	)		(25	)		—
Restricted shares – uncancelled		(23	)		—			—
Capital reduction		(128,422	)		—			—

December 31		727,265			727,240			727,240

Movement of Treasury Stock

On March 7, 2019 and August 6, 2019, the Company’s Board of Directors approved the cancellation of treasury stock 25,570 thousand shares amounted to NT$962,503 thousand. As of December 31, 2019, all of the Company’s treasury stocks were cancelled. As of December 31, 2018, the reasons for share repurchases and movements in the number of the Company’s treasury stock is as follows:


	2018
	Shares			Amount
	in thousands			NT$000
January 1		30,085			1,007,654
Capital reduction		(4,515	)		(45,151	)

December 31		25,570			962,503