Swancor Holding Announces Adjustment to Cash Dividend Payout Ratio
AI Summary (NQ-processed)
Swancor Holding announced an adjustment to its cash dividend payout ratio due to changes in outstanding shares resulting from treasury stock repurchases and corporate bond conversions. The dividend per share has been adjusted from NT$6 to NT$6.49582036. This adjustment was authorized by the board of directors under the mandate from the shareholders' meeting.
AI Analysis
Frequently Asked Questions
Q: What is the background for Swancor Holding's dividend ratio adjustment?
A: The dividend per share was adjusted due to changes in outstanding shares resulting from treasury stock repurchases and corporate bond conversions.
Q: What is the adjusted dividend per share?
A: It was increased from the initial NT$6 to NT$6.49582036 per share.
Q: Who made the decision for this adjustment?
A: Based on the shareholders' meeting resolution, the Chairperson made the decision within the authority granted to the board of directors.
Q: Is there any change in the total dividend amount?
A: There is no change in the total cash dividend amount (NT$583,603,158).
Q: What kind of business does Swancor Holding operate?
A: They are primarily engaged in renewable energy business, focusing on offshore wind power.