GigaMedia Schedules June 25 AGM, Proposes US$350K Director Pay and 10% Buyback
GIGM•GigaMedia will hold its 27th AGM on June 25, 2026 to adopt 2025 audited financial statements, appoint Deloitte & Touche as auditors and approve directors’ pay capped at US$350,000. Shareholders will vote on new share issuance authority and a repurchase mandate covering up to 10% at 105% of closing price.
1. AGM Details
The 27th Annual General Meeting of GigaMedia is scheduled for June 25, 2026 at 11 a.m. local time in Taipei at the company’s Neihu District offices, where shareholders will consider both ordinary and special business resolutions.
2. Adoption of Financial Statements and Auditors
Shareholders will consider and adopt the Directors’ Statement, Auditor’s Report and audited financial statements for the year ended December 31, 2025, and approve the appointment of Deloitte & Touche and Deloitte & Touche LLP as independent external auditors until the next annual general meeting.
3. Directors' Remuneration Approval
The meeting will seek approval for aggregate directors’ remuneration not to exceed US$350,000 for professional services provided to the company until the conclusion of the subsequent annual general meeting.
4. Share Issuance and Buyback Mandate
A special resolution will grant directors authority under Section 161 of the Singapore Companies Act to issue ordinary shares, warrants or other convertible instruments as they deem fit, and a share repurchase mandate enabling buybacks of up to 10% of issued shares at prices not exceeding 105% of the average five-day closing price.
