HTC 2015 Annual Report Download - page 63

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Capital and shares
Capital and shares
122
123
(4) List of principal shareholders:
2016.04.26EachsharehasaparvalueofNT$10
Name of principal shareholders
Shares
Current Shareholding Percentage
Way-ChihInvestmentCo.,LTD. 43,819,290 5.29%
Way-LienTechnologyInc. 38,588,231 4.66%
Cher Wang 32,272,427 3.90%
Hon-MouInvestmentCo.,Ltd. 23,885,081 2.89%
Wen-Chi Chen 22,391,389 2.71%
StandardCharteredBankcustodyforFIDELITYFUND 12,094,000 1.46%
StandardCharteredBankincustodyforVANGUARDEMERGINGMARKETSSTOCK
INDEXFUND 11,283,925 1.36%
Kun-ChangInvestmentCo,Ltd. 9,322,824 1.13%
JPMorganChaseBankN.A.,TaipeiBranchincustodyforVanguardTotalInternational
StockIndexFund,aseriesofVanguardStarFunds 7,576,792 0.92%
CTBCBankincustodyforrestrictedstockwithvotingrightsforHTCCorp.employees 7,176,790 0.87%
(5) Share prices for the past two fiscal years, the Company’s net
worth per share, earnings per share, dividends per share, and
related information:
Year
Item 2014 2015
2016.01.01~
2016.03.31
Marketprice
per share
Highest market price 180 161 136.5
Lowest market price 118 40.35 70.2
Average market price 140.01 96.52 75.71
Net worth per
share
(Note)
Beforedistribution 97.02 78.27 74.61
After distribution 96.64 78.27(Note) 74.61
Earnings
(loss) per
share
Weighted average shares (thousand shares) 824,816 826,784 827,667
Earnings (loss) per share 1.80 (18.79) (3.16)
Retroactivelyadjustedearnings(loss)per
share 1.80 (18.79)(Note) (3.16)
Dividends per
share
Cash dividends 0.38 0(Note)
Stock
dividends
Dividends from retained earnings 0 0(Note)
Dividends from capital surplus - -
Accumulated undistributed dividend - -
Return on
investment
Price/Earningsration 77.78 NA
Price/Dividendratio 368.45 NA
Cash dividend yield 0.03% 0%
Note:2016pendingontheapprovaloftheShareholdersMeeting.
(6) Dividend policy:
1. Dividend policy:
Since the Company is in the capital-intensive technology sector and growing, dividend policy is set with
consideration to factors such as current and future investment climate, demand for working capital,
competitive environment, capital budget, and interests of the shareholders, balancing dividends with
long-termnancialplanningoftheCompany.DividendsareproposedbytheBoardofDirectorstothe
Shareholders’Meetingonayearlybasis.Earningsmaybeallocatedincashorstockdividends,provided
thattheratioofcashdividendsmaynotbelessthan50%oftotaldividends.
AccordingtotheCompany’sArticlesofIncorporation,earningsshallbeallocatedinthefollowingorder:
1. To pay taxes.
2. To cover accumulated losses, if any.
3.Toappropriate10%legalreserveunlessthetotallegalreserveaccumulatedhasalreadyreachedthe
amount of the Company’s authorized capital.
4. To recognize or reverse special reserve return earnings.
5. The board of directors shall propose allocation ratios for any remainder profit after withholding
the amounts under subparagraphs 1 to 4 above plus any unappropriated retained earnings of previ-
ous years based on the dividend policy above and propose such allocatioin ratio at the shareholders’
meeting.
Note: ThedividendpolicyabovewasamendedincompliancewiththeCompanyActofTaiwan.ItwasadoptedbytheBoardonFebruary29,2016and
willbesubmittedforapprovalattheShareholders’MeetingonJune24,2016.
2. Dividend distribution proposed at the most recent shareholder’s meet-
ing: (Proposal adopted by the Board pending approval by the Share-
holders’ Meeting.)
HTCwillnotdistributestockdividendsatthe2016AnnualShareholders’Meeting.
3. There is no material change in dividend policy.
(7) Impact of the stock dividend proposal on operational perfor-
mance and earnings per share:
HTCwillnotdistributestockdividendsatthe2016AnnualShareholders’Meeting;thereforeitisnot
applicable.