FOR IMMEDIATE RELEASE
Lasertec Corporation
2-10-1Shin-yokohama,Kohoku-ku, Yokohama
(Code 6920 / Tokyo Stock Exchange 1st Section)
Announcement of Dividend of Surplus (Interim Dividend)
Yokohama, February 3, 2020 - Lasertec Corporation announced today that its Board of Directors passed a resolution on February 3, 2020 to declare a dividend to shareholders of record as of December 31, 2019 as described below.
1. Details of Dividend
Last Forecast of | Interim Dividend for the | |||||||||
This Announcement | Previous Fiscal Year | |||||||||
Dividend | ||||||||||
(Fiscal year ended | ||||||||||
(November 25, 2019) | ||||||||||
June 30, 2019) | ||||||||||
Record Date | December 31, 2019 | December 31, 2019 | December 31, 2018 | |||||||
Dividend per Share | 31 yen | 31 yen | 16 yen | |||||||
Total Amount of | 1,397 million yen | - | 721 million yen | |||||||
Dividend | ||||||||||
Effective Date | March 6, 2020 | - | March 6, 2019 | |||||||
Source of Dividend | Retained earnings | - | Retained earnings |
2. Reason
Our basic policy concerning profit distribution is to flexibly pay dividends based on performance while maintaining steady profit distribution to shareholders, with a consolidated annual dividend payout ratio of 35% being the guideline. In accordance with this policy and based on the forecast of operating results, we have decided to pay an interim dividend of 31 yen per share, the same as forecast.
(Reference) Breakdown of Annual Dividends
Dividend per Share | |||
Record Date | End of 2nd Quarter | End of Year | Total |
Dividend Forecast | 31 yen | 24 yen | -- |
(if no stock split) | (31 yen) | (48 yen) | (79 yen) |
This Fiscal Year | 31 yen | ||
(ending June 30, 2020) | |||
Previous Fiscal Year | 16 yen | 31 yen | 47 yen |
(ended June 30, 2019) | |||
(Note) Effective January 1, 2020, the company split its common stock 2 for 1 in accordance with the resolution of the Board of Directors dated November 25, 2019. The figure of year-end dividend per share for the fiscal year ending June 30, 2020 (forecast) is calculated based on the number of issued shares after the stock split. The figure would be 48 yen if it were calculated using the number of issued shares before the stock split. The figure of total dividend per share for the fiscal year ending June 30, 2020 (forecast) is not shown here because its calculation is too complicated due to the stock split.
Contact for Inquiries:
Shu Uchiyama
Managing Director and Chief Administrative Officer
Phone: +81-45-478-7111
https://www.lasertec.co.jp
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Disclaimer
Lasertec Corporation published this content on 03 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 February 2020 09:40:12 UTC