Himax Company Overview
Shareholder-Focused, Returning Profits
Himax Dividend and Policy
■ Distributed a total of $458 million of cash dividend since IPO
Typically pays out annual cash dividend at approximately the middle of the current
calendar year based on prior year's profitability, e.g., 2018 dividend payouts in July
is for fiscal year 2017.
■ In 2019, Himax did not pay an annual cash dividend for fiscal year 2018. The
☐
decision was made with full consideration of Himax's 2019 operations and capital
requirement to support its future growth and to drive gains in market share.
Company is committed to pay annual cash dividend
Dividend Payout Ratio
Dividend Per Unit (in USD)
Total Payout (in millions USD)
Himax Share Buyback
Himax
■ Initiated four share buyback programs totaling $158
million since 2007
■ Repurchased a total of 46.5 million ADSS through
June 30, 2019 at average purchase price per ADS:
$3.15
Executed Share Buybacks from 2007-2019
(in millions USD)
■Executed Share Buyback
■Unutilized Portion
119.0%
100.0%
89.0%
75.0%
83.3%
75.0% 77.5%
81.4%
61.4%
61.7%
51.3%
63.2%
$0.35
$0.30
$0.30
$0.27
$0.24
NA
$0.20
$0.25
$67
$0.25
$0.13
$56
$0.12
$51
$44
$46
$40
$42
$0.06
$21
$11
$0.10
$41
$22
$17
NA
$50M
$50M
Il
$33M
$12M
$13M
2007
2008
2010
2011
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Yield 4.0% 7.0% 10.4% 9.1% 5.9% 3.4% 4.4% 4.1% 4.8% 1.4% 2.9% 1.3%
EPS 0.57 0.40 0.21 0.19 0.06 0.30 0.36 0.39 0.15 0.30 0.16 0.05
$604 HAS BEEN RETURNED TO SHAREHOLDERS INCLUDING
MILLION
DIVIDENDS AND SHARE BUY BACKS SINCE IPO
* On 11/30/2018 Himax chairman announced share purchase plan. Chairman Dr. Biing-Seng Wu
intends to use his personal funds to purchase up to approximately $5 million of the Company's
American Depositary Shares ("ADSS") in the open market, subject to market conditions and other
factors.
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