What is the implementation of CSC's share buyback program?
The members of the board resolved on August 28, 2001 to implement a share buyback program of 150,000,000 CSC common shares (representing 1.65%) of the total shares, between September 3, 2001 and November 2, 2001 at the prices between NT$8.4 per share
and NT$19 per share for the purpose of share transfer to CSC employees. When the price of the stock fell below NT$8.4 per share, more shares would be purchased. All of 150,000,000 CSC common shares have been purchased
by the company (averaged at NT$12.7 per share) during that period and transferred to employee in January 2003.
The members of the board resolved on December 20, 2005 to implement a share buyback program of 200,000,000 CSC common shares between Dec 21, 2005 and Feb 20, 2006 at the prices between NT$16.8 per share and NT$37.9
per share for the purpose of share transfer to CSC employees. 1,600,000 CSC common shares (0.0014% of total outstanding shares) have been purchased by the company during that period at NT$24.7 per share. Later, these
shares were transferred to employees in September 2007.
The members of the board resolved on October 7, 2008 to implement a share buyback program of 300,000,000 CSC common shares from October 8, 2008 to December 8, 2008 at prices between NT$21.18 and NT$52.67 per share
for the purpose of share transfer to CSC employees. 108,000,000 CSC common shares (0.86% of total outstanding shares) were purchased during the period at NT$23.24 per share. Later, these shares were transferred to employees
in October 2009.
The members of the board resolved on November 3, 2023 to implement a share buyback program of 150,000,000 CSC common shares from November 6, 2023 to January 5, 2024 at prices between NT$16.98 and NT$37.26 per share for the purpose of share transfer to CSC employees.150,000,000 CSC common shares (0.95% of total outstanding shares) were purchased during the period at NT$25.99 per share.
What is the condition of the releases of Global Depository Receipts(GDR)?
One unit of GDR equals to 20 common shares. CSC has issued GDR three times in accordance with the request of MOEA to release CSC stock.
Besides, CSC offered 38,183,400 units of GDR (763,668,000 common shares) through capital injection by new share issue on August, 2011.
As of the end of March 2025, a total of 133,436,904 units of 402,934 units (8,058,990 common shares) is in circulation. They represent 0.05% of the total shares.
When will be/was the 2025 Annual Shareholders' Meeting held?
Annual General Meeting of Shareholders for year 2025 will be held on June 19, 2025.
What are CSC's dividend policies?
How have dividends been appropriated in recent years?
Year
|
Cash dividends per share
|
Stock dividends per share
|
2023
|
Common share NT$0.35
Preferred share NT$1.4 |
None
|
2022
|
Common share NT$1.0
Preferred share NT$1.4 |
None
|
2021
|
Common share NT$3.1
Preferred share NT$3.1 |
None
|
2020
|
Common share NT$0.3
Preferred share NT$1.4 |
None
|
2019
|
Common share NT$0.5
Preferred share NT$1.4 |
None
|
2018
|
Common share NT$1.0
Preferred share NT$1.4 |
None
|
2017
|
Common share NT$0.88
Preferred share NT$1.4 |
None
|
2016
|
Common share NT$0.85
Preferred share NT$1.4 |
None
|
2015
|
Common share NT$0.5
Preferred share NT$1.4 |
None
|
2014
|
Common share NT$1.0
Preferred share NT$1.4 |
None
|
2013
|
Common share NT$0.7
Preferred share NT$1.2 |
NT$0.2
|
2012
|
Common share NT$0.4
Preferred share NT$1.3 |
NT$0.1
|
2011
|
Common share NT$1.01
Preferred share NT$1.25 |
NT$0.15
|
2010
|
NT$1.99
|
NT$0.50
|
2009
|
Common share NT$1.01
Preferred share NT$1.07 |
NT$0.33
|
2008
|
NT$1.30
|
NT$0.43
|
2007
|
NT$3.50
|
NT$0.3
|
2006
|
NT$2.78
|
NT$0.3
|
2005
|
NT$3.75
|
NT$0.35
|
2004
|
NT$3.9
|
NT$0.5
|
2003
|
NT$3.0
|
NT$0.35
|
2002
|
NT$1.4
|
NT$0.15
|
2001
|
Common share NT$0.80
Preferred share NT$1.20 |
NT$0.20
|
2000
|
NT$1.5
|
NT$0.3
|
1999
|
NT$1.3
|
NT$0.2
|
1998 and the second half of 1997,a transitional period
|
NT$2.5
|
NT$0.5
|
Should shareholders pay income tax on their dividends?
Shareholders who are R.O.C. citizens should include the dividend income in their taxable income for tax filing purposes. According to tax regulations, CSC will mail the receipts of the dividends of the previous year to shareholders before February 10 every year.
How can preferred stock be converted into common stock?
Shareholders may take their preferred stock to KGI Securities Corporation, CSC's agent, to apply for the conversion. The whole process may take up to two weeks to be fully completed.
What are the differences in terms of rights and obligations between shareholders of preferred stock and those of common stock?
Shareholders with preferred stock are entitled to receive an annual dividend at the stipulated rate of 14% based on the face value of a share preferentially over that of common shareholders ,and they are also entitled to participate distribution of unappropriated retained earnings. They have preferential payment of dividends in arrears in the succeeding year. Their rights to vote, to be elected, to participate distribution of residual properties are the same as those of the common shareholders; however, they don't have the right to vote in the elections of board of directors. Besides the aforementioned differences, their rights and obligations in all the other areas are the same.
What percentage of shares does the Ministry of Economic Affairs, CSC's largest shareholder own?
The Ministry of Economic Affairs (MOEA) holds 20.00% of the total shares by end of March, 2025.
The top 10 Shareholders of CSC
2024.12.31
Shareholders | Total Share Owned | Ownership(%) | |
1 | Ministry of Economic Affairs (MOEA) | 3,154,709,357 | 20.00% |
2 | Employee’s Stock Trust of China Steel Corporation | 401,314,555 | 2.54% |
3 | Transglory Investment Corporation | 257,615,331 | 1.63% |
4 | Chunghwa Post Co., Ltd. | 189,550,000 | 1.20% |
5 | Labor Retirement Fund | 177,718,134 | 1.13% |
6 | Vanguard Total International Stock Index Fund | 160,702,247 | 1.02% |
7 | Winning Investment Corporation | 160,506,339 | 1.02% |
8 | Vanguard Emerging Markets Stock Index Fund | 155,858,308 | 0.99% |
9 | Labor Pension Fund | 154,233,591 | 0.98% |
10 | Taiwan Life Insurance Co., Ltd. | 128,499,000 | 0.81% |
What are CSC's consolidated financial results for Twelve months Ended December 31, 2024?
The operating revenues totaled NT$360.54 billion; pre-tax profit: NT$4.58 billion; earnings per share: NT$0.13; book value per share: NT$19.31.
What are CSC group's ratio of debt ratio(debt/asset), current ratio, and net profit margin?
As of February 27th, 2025, according to CSC's Reviewed financial report, debt ratio (debt/asset) 50.87%, current ratio 131.27%, and net profit margin 1.08%.
How many times has CSC issued its corporate bonds, and what is the accumulated amount?
In 2024, CSC has issued unsecured corporate bond, with fair value totaling 1.57 billion NTD. Thus far, CSC has issued accumulating amount of NTD 226.97 billion. As of the end of March 2025, the unpaid balance of the corporate bond is NTD 44.1325 billion.
What is the percentage of CSC's exported steel products and its percentage breakdown by area?
As of December 31st, 2025, 42.63% of CSC's total steel products were for export. The percentage breakdown by area is as follows:
Europe |
27.23%
|
South East Asia |
29.95%
|
Japan |
17.51%
|
Mainland China (including Hong Kong) |
7.96%
|
Others |
17.35%
|
Total |
100.00%
|