---
title: "GigaDevice Calls August EGM to Approve A-Share Buyback Plan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294606958.md"
description: "GigaDevice Semiconductor Inc. has scheduled an extraordinary general meeting for August 20 to vote on a plan to repurchase its A-shares via centralized bidding. The proposal outlines key details including the implementation period, price range, and funding sources, while also addressing creditor protection and board authorizations. If approved, this buyback aims to manage capital structure and signal confidence in valuation."
datetime: "2026-08-02T10:37:30.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294606958.md)
  - [en](https://longbridge.com/en/news/294606958.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294606958.md)
generator: "portal-rs"
---

# GigaDevice Calls August EGM to Approve A-Share Buyback Plan

An announcement from Giga Device Semiconductor Inc. Class H ( (HK:3986) ) is now available.

GigaDevice Semiconductor Inc. has called its second extraordinary general meeting of 2026 for August 20 in Beijing, where shareholders will vote on a special resolution to authorize a repurchase of the company’s A shares through centralized bidding. The notice outlines key elements of the buyback plan, including the class of shares involved, implementation period, price range, funding sources, and arrangements for cancellation or transfer of repurchased shares.

The proposed repurchase program also includes measures to protect creditor interests and grants specific authorizations to the board to handle operational details of the buyback. If approved, the initiative would allow GigaDevice to actively manage its A-share capital structure, which could signal confidence in its valuation and potentially affect liquidity and ownership dynamics among mainland investors.

**More about Giga Device Semiconductor Inc. Class H**

GigaDevice Semiconductor Inc. is a China-based semiconductor company listed in Hong Kong, focusing on the design and production of integrated circuits and memory products. The firm serves technology hardware and electronics markets, with its share capital split between A shares listed on mainland exchanges and H shares traded in Hong Kong.

**Average Trading Volume:** 3,899,952

**Technical Sentiment Signal:** Strong Sell

**Current Market Cap:** HK$309.1B

For an in-depth examination of 3986 stock, go to TipRanks’ Overview page.

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## Related News & Research

- [GigaDevice Publishes Unaudited Interim Results for First Half of 2026](https://longbridge.com/en/news/296260055.md)
- [GigaDevice Semiconductor schedules interim results briefing via SSE Roadshow Centre](https://longbridge.com/en/news/296245710.md)
- [GigaDevice seeks shareholder approval for 2026 H-share award scheme with 10% issuance cap](https://longbridge.com/en/news/296223864.md)
- [GigaDevice Chairman Cuts A-Share Stake but Pledges 12-Month Lock-Up](https://longbridge.com/en/news/294217321.md)
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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**