Formulas:
- The following figures are referred from “Capital Reduction Announcement”
(A): Closing Price on The Last Trading Date
(B): Cash Amount of Refund Per share
(C): Ratio of Post- Reduction Outstanding Shares to Original Outstanding Shares
(D): Subscription Price per New Share
(E): Subscription Ratio of Post-Reduction to New Shares Issued
(F)：Cash dividend - Capital reduction by cash refund of capital stock
Post-Reduction Reference Price＝ [ (A)-(F)-(B) ] / (C) - Capital reduction for purposes of making up losses
Post-Reduction Reference Price＝ (A) / (C) - Capital Reduction and Cash Injection
Post-Reduction Reference Price＝ (A) / (C)
Ex-right Reference Price = [Post-Reduction Reference Price +(D)*(E) ] / [ 1+(E) ]
Remarks:
- Opening Reference Price is Post- Reduction Reference Price after adjustment by the tick size. To check the tick size, please see the principles of Article 62 of the TWSE Operating Rules.
- From 2011.03.28, if there is no Closing Price on the last trading day ,the price shall be determined based on the principles of Article 58-3, paragraph 2, subparagraph 2 of the TWSE Operating Rules.