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Weltrend BOD Sets September 18 as Ex-dividend Date
2017-09-01
Hsinchu, Taiwan, September 1, 2017 – Weltrend Semiconductor (TAIEX: 2436) today held a meeting of the Board of Directors today. At the meeting today, the Board of Directors passed the following resolutions: |
1.Set September 24 as the record date for its common stock shareholders entitled to participate in distribution of 2016 profits in the form of cash dividend. The ex-dividend date for Weltrend common shares shall be September 18, 2017. |
2.Adjust the per common share dividend distribution amount from NT$0.5 to NT$0.49875771 due to change in total shares outstanding as a result of the issuance of new shares of employee restricted stocks on April 18, 2017 and the shares recalled for those that did not meet the employee restricted stocks issuance criteria on August 11, 2017. |
About Weltrend Semiconductor Inc. Founded in 1989 in the "Silicon Valley of Taiwan", the Science-Based Industrial Park (SBIP) in Hsinchu, Weltrend (TAIEX: 2436) is a leading fabless semiconductor company, also known as IC design house, specializing in the planning, design, testing, application development and distribution of mixed-signal/digital IC products across multiple applications. For more information, please visit www.weltrend.com. |