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United Micro Reports Revenue Growth and Capital Adjustment
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United Micro Reports Revenue Growth and Capital Adjustment

United Micro (UMC) has released an update.

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United Microelectronics Corporation (UMC) reported a notable increase in net sales for October 2024, reaching NT$21.37 billion, an 11.36% rise compared to the same period last year. The company also announced a minor capital reduction following the cancellation of the RSA, with a slight decrease in the number of outstanding shares. Additionally, trading activities by key executives and large shareholders were disclosed, indicating shifts in their shareholdings.

For further insights into UMC stock, check out TipRanks’ Stock Analysis page.

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