Announcement of adjustment to the cash dividends
payout ratio
Date of events
2022/07/05
To which item it meets
paragraph 14
Statement
1.Date of the resolution of the board of directors or
shareholders meeting:2022/07/05
2.Type and monetary amount of original dividend distribution:
Cash dividends NT$1,036,931,485 (NT$1.3 per share)
3.Type and monetary amount of dividend distribution after the change:
Cash dividends NT$1,036,931,485 (NT$1.30024452 per share)
4.Reason for the change:The execution of stock repurchase resulted in the
changes of the outstanding shares of the Company and the Chairman is
authorized to adjust the dividend payout ratio.
5.Any other matters that need to be specified:None.
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Sanyang Motor Co. Ltd. published this content on 05 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 July 2022 09:02:07 UTC.
SANYANG MOTOR CO., LTD., formerly Sanyang Industry Co Ltd, is principally engaged in the manufacture and distribution of motor vehicles and spare parts. The Company provides scooters, including products of MIO, Tonik, GTS, RV, Fiddle, Symphony, VS, HD and Citycom series, among others; all terrain vehicles (ATVs), including Track Runner, Quad Lander and Quad Raider series, and automobiles, including products of PORTER, ELANTRA, and i35 GAS series, among others. It also provides electric bicycles and buses, as well as related parts and accessories. The Company distributes its products primarily in Taiwan, Europe, the Americas, Africa, Australia, Hong Kong, Macau, Japan and Southeast Asia.