HTC 2007 Annual Report Download - page 48

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INFORMATION ON CAPITAL RAISING ACTIVITIES
9190
(9) Sh
a
r
e
R
e
pur
c
h
a
s
e
s
:
Repurchase Plan First Repurchase Plan
Purpose for the repurchase For the shareholders' interest
Period for the repurchase 12/13/2006~01/19/2007
Repurchase Price Range (NT$) NT$601~NT$800, per share In the event that HTC's share price is lower than
this price range, HTC may continue to buy back its shares.
Type and Number of Shares to be repurchased 3,624,000 common stock
Total monetary amount of shares repurchased NT$1,990,511,000
Number of Shares Cancelled or Transferred Cancelled 3,624,000 common shares
Cumulative number of own share held ares Held 0 (As of 05/10/2008)
Ratio of cumulative number of own shares held during the repurchase 0 % (As of 05/10/2008)
period to the total number of the Company's issued shares
2. ISSUANCE O
F
CORPORATE BONDS
None
3. STATUS O
F
PRE
F
ERRED SHARES
None
V
5. STATUS O
F
EMPLOYEE SHARE
SUBSCRIPTION WARRANTS
>The annual report shall disclose unexpired
employee subscription warrants issued by the
company in existence as of the date of printing
of the annual report, and shall explain the effect
of such warrants upon shareholders' equity.
• To enhance employee morale and attract talent
to the company, HTC sought approval to issue 7
million employee stock warrants within a one-year
period commencing 25 December 2002, which
was granted by Taiwan's Securities & Futures
Commission (SFC), Ministry of Finance. Warrant
holders had the option to purchase one share per
warrant, to be delivered by HTC by the issuance
of new shares. The warrants, with a five-year
duration, required the issuance of 7 million new
common shares, the exercise price being the
closing market price of HTC common shares on
the date of issuance.
CAPITAL
l
OTHERS
l
4. GLOBAL DEPOSITORY RECEIPTS
04/30/2008
Item
Issuing Date 11/19/2003
Issuance & Listing Luxembourg
Total amount USD 105,182,100.60
Offering price per GDR USD 15.4235
Units issued 7,833,310(note)
Underlying securities Cash offering and HTC common shares from selling shareholders
Common shares represented 31,333,244(note)
Rights & obligations of GDR holders Same as those of common share holders
Trustee Not applicable
Depositary bank Citibank, N.A. - New York
Custodian bank Citibank, N.A. - Taipei Branch
GDRS outstanding 2,331,452
Apportionment of expenses for All fees and expenses such as underwriting fees, legal fees, listing fees and other expenses
the issuance & maintenance related to issuance of GDRS were borne by HTC and the selling shareholders,
while maintenance expenses such as annual listing fees and accountant fees
were borne by HTC.
Terms & conditions in the deposit agreement & custody agreement See deposit agreement and custody agreement for details
Closing price per GDR 2007 High USD 92
Low USD 40.30
Average USD 60.80
01/01/2008 ~04/30/2008 High USD 106.50
Low USD 63
Average USD 83.25
N
ote: The total nu
m
ber of units issued includes additional issuance on 18 August 2004, 12 August 2005, 1 August 2006, and 20 August 2007 of dividends on the co
mm
on shares represented
by overseas depositary receipts, in respective a
m
ounts of 216,088 units
(
representing 864,352 co
mm
on shares
)
, 70,290 units
(
representing 281,161 co
mm
on shares
)
, 218,776 units
(
representing 875,107 co
mm
on shares
)
, and 508,556 units
(
representing 2,034,224 co
mm
on shares
)
.
• Intended distributions of stock bonus to employees
and the corresponding :
Percentage of the retained earnings to be converted
into capital : 10,320,000 shares; Ratio of total stock
bonus as employee bonus to total stock dividends
from retained earnings (%) : 5.66224%.
• Imputed earnings per share after distribution of
employee bonus and compensation to directors and
supervisors : NT$48.19.
Imputed earnings per share after distribution of
bonus for employees : NT$38 (based on December
2007 average closing price NT$ 576)
>D
i
s
t
r
i
bu
t
i
ons o
f
ea
rn
i
ngs
i
n 2006
a
s
e
mp
l
oy
ee
s'
bonus
a
nd r
e
mun
e
r
a
t
i
ons
f
or d
i
r
e
c
t
ors
a
nd
sup
e
rv
i
sors
:
Distributions of earnings in 2006 Resolution Actual
Date of passage of annual dividends of the Board of Directors' Meeting resolution 05/08/2007
Date of Regular Shareholders' Meeting 06/20/2007
Total stock bonus as employee bonus Total Number of Shares (1,000 shares) 10,500 10,500
Total Amount (NT$1,000) 105,000 105,000
Total cash bonus as employee bonus Total Amount (NT$1,000) 2,000,000 2,000,000
Director' and Supervisors' Remunerations (NT$1,000) 0 0