Investor Relations > Shareholder Information > Material Information
Material Information
2018/9/17
The Board of Directors resolved to buy back the Company’s common stocks
1.Date of the board of directors resolution:2018/09/17
2.Purpose of the share repurchase:To transfer to employees
3.Type of shares to be repurchased: Common stocks
4.Ceiling on total monetary amount of the share repurchase:2,670,294,000
5.Scheduled period for the repurchase: 2018/09/19~2018/11/18
6.Number of shares to be repurchased:3,850,000
7.Repurchase price range:NT$56.00 to NT$115.00 per share
8.Method for the repurchase:To buy back shares from Taiwan Stock Exchange
9.Ratio of the shares to be repurchased to total issued shares of the Company:5.00%
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:NA
12.Status of repurchases that have been reported but not yet completed:NA
13.Minutes of the board of directors meeting that resolved for the sharerepurchase:
 Item 1:To repurchase the Company’s stocks
 Content:
    I.According to Article 28-2of the Securities and Exchange Act and
      Regulations Governing Share Repurchase by Exchange-Listed and
      OTC-Listed Companies, the Company will repurchase the Company’s
      shares for maintaining shareholder’s equity and encouraging and
      taking care of employees. The following related matters are proposed
      for this repurchase,
     1.)Purpose of the share repurchase: To transfer to employees
     2.)Scheduled period for the repurchase: 2018/09/19~2018/11/18
     3.)Number of shares to be repurchased: 3,850,000
     4.)Repurchase price range: NT$56.00 to NT$115.00 per share
   II.The guidelines for “Repurchase of Shares for Employees”, refer to
      appendix 1.
  III.According to Article 2 of “Regulations Governing Share Repurchase
      by Exchange-Listed and OTC-Listed Companies”, the Declaration refers
      to appendix 2.
 Resolution:All directors approved.
14.The rules for transfer of shares set forth in Article 10 of the Guidelines for Repurchase of Shares by Listed and OTC Companies:Yes
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:NA
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: The Declaration of the Board of Wowprime Corporation
    I.The Company will repurchase , through a majority vote at the 1st
      special Board Meeting attended by at least a two-thirds directors
      on 2018/9/17, 3,850,000 shares at Taiwan Stock Exchange market from
      2018/09/19~2018/11/18.
   II.The total number of repurchased stocks constitutes 5.00% of the issued
      shares and the ceiling on total monetary amount of the share repurchase
      is 7.05% of the current assets. The financial status of the Company was
      considered by the Board and this repurchase would not affect the
      maintenance of the Company’s capital.
  III.The Declaration has been approved unanimously by the Board.
17.Appraisal by a CPA or securities underwriter of the reasonableness of the share repurchase price: share repurchase price: The repurchase price from NT$56.00 to NT$115.00 per share will not have significant influence on the Company’s financial structure, book value per share, earnings per share, return on equity, quick ratio, current ratio and cash flow.
18.Other particular specified by the Securities and Futures Bureau:NA