Announcement for board resolution: the second share repurchasement.
1.Date of the board of directors resolution: Dec. 20th, 2018
2.Purpose of the share repurchase: Credit protection and keep on share holders' profits.
3.Type of shares to be repurchased: Common stock.
4.Ceiling on total monetary amount of the share repurchase: 7,363,303,037
5.Scheduled period for the repurchase: Dec. 21th, 2018~Feb. 20th, 2019
6.Number of shares to be repurchased: 6,000,000
7.Repurchase price range: 35.00~76.59, reperchasing will be continued if under range
8.Method for the repurchase: Stock Exchange Market
9.Ratio of the shares to be repurchased to total issued shares of the Company: 5.38
10.Number of the Company’s own shares held at the time of reporting: 0.
11.Status of repurchases within three years prior to the time of reporting:
Jan. 10th, 2018~March 9th, 2018, Number of shares to be repurchased: 7200000, Number of shares repurchased: 7200000, percentage: 100%.
12.Status of repurchases that have been reported but not yet completed: N/A.
13.Minutes of the board of directors meeting that resolved for the share repurchase:
The 21th of fifth anual board meeting on Dec. 20th, 2018
14.The rules for transfer of shares set forth in Article 10 of the Guidelines for Repurchase of Shares by Listed and OTC Companies: N/A.
15.The rules for conversion or subscription of shares set forth in Article 11 of the Guidelines for Repurchase of Shares by Listed and OTC Companies: N/A.
16.Declaration that the financial state of the Company has been considered by the board of directors and that its capital maintenance will not be affected:
Number of shares repurchased is 5.38% of total issued stock and 6.05% of current assets, considering no affected on operation of the capital.
17.Appraisal by a CPA or securities underwriter of the reasonableness of the share repurchase price:
There is no sinificant affection on Financial structure, Solvency and profitability of the company.
18.Other particular specified by the Securities and Futures Bureau: No.
- Last articleAnnouncement of Board resolution(20181220)2018-12-20
- NextAnnouncement for Treasury Share Repurchase Reaching 2%(20190104)2019-01-04
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