Quanta prices $2.16 billion share sale in Taiwan's record GDS deal (updated)

Quanta Computer

29/07/2026 10:36

Updates July 29 story with official filing by the company on July 30 with details throughout
By Scott Murdoch and Yantoultra Ngui
July 30 (Reuters) - Quanta Computer 2382.TW has priced a $2.16 billion sale of global depositary shares (GDS), the Taiwanese laptop and cloud equipment maker said in a stock exchange filing on Thursday, in what is Taiwan biggest GDS sale ever.
Quanta priced 49 million GDS at $44.17 each, raising a total of $2.16 billion. 
Term sheet seen by Reuters on Wednesday showed the company was offering the GDS, each representing five ordinary shares, in a price range of $43.91 to $44.77 each. The deal is comprised of 245 million new shares.
The sale would be Taiwan's largest GDR or GDS offering on record, surpassing Innolux Display's $1.35 billion GDR sale in 2007, LSEG data showed.
Quanta said the sale price equals about T$287.06 ($8.83) per share, based on an exchange rate of T$32.495 to the U.S. dollar. The shares will be listed in Luxembourg.
It added that it will use the money to fund purchases of materials in foreign currencies.
The new shares will dilute existing shareholders' ownership by about 5.97%, Quanta said, adding that the sale would not have a material effect on shareholder rights.
Quanta's shares dropped 9.9% on Thursday. They have risen 2.6% so far this year, trailing a 37.9% gain in Taiwan's benchmark .TWII index.
Taiwanese technology stocks have recently come under pressure in a regional selloff tied to concerns about the durability of the artificial intelligence boom.
($1 = 32.4920 Taiwan dollars)

 (Reporting by Scott Murdoch in Sydney and Yantoultra Ngui in Singapore; Editing by David Goodman, Mark Potter and Christopher Cushing)
 ((Scott.Murdoch@thomsonreuters.com;))