China Steel Corporation was founded on December 3, 1971 and has been listed on Taiwan Stock Exchange since December 26, 1974. The company has issued total 12,019,819,989 shares of stock, including common stock and preferred stock (stock code 2002, 2002A), with total paid-in capital NT$ 120,198,199,890 as of the end of August, 2008 , and the shareholding ratio by the government is22.19%.
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The company also issued Global Depositary Receipt (GDR, 1 unit of GDR equals 20 units of common stock) in 1992, 1997 and 2003, for the purpose of selling the company's stocks held by the government, with total issued GDR of
94,353,682 units as of the end of
June, 2008.
The company's GDR is traded overseas in Europe, Asia, and the United States, etc. and is listed on the Luxembourg Stock Exchange, but the trading is limited to qualified institutional buyers.
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The company's earnings distribution maintains high dividend payout ratio. Unless for legal requirement of legal reserve and special reserve, the rest of the earnings will be mostly appropriated to shareholders, with cash dividend no less than 75%.
In year 2007, the compan's earnings per common share (EPS) is NT$4.49 and plans to paid cash dividend of NT$3.5 and stock dividend of NT$0.3 to each share of common stock
For stock affairs, common stock holders and preferred stock holders please contact our Stock Registrar & Transfer Agency- Grand Cathay Securities Corp. for service; depositary holders please contact our depositary institution - Citibank N.A. for service.
Should you have any question or suggestion, please do not hesitate to contact us. Our e-mail address: f1000@mail.csc.com.tw¡C |
