Key Developments For Himax Technologies, Inc.
Himax Technologies, Inc. (HIMX.O) (Nasdaq)
Himax Technologies, Inc. Files Listing Application With Taiwan Stock Exchange
Himax Technologies, Inc. announced that it filed a listing application with the Taiwan Stock Exchange (the TWSE) on November 12, 2009. The Company plans to list all of its ordinary shares on the TWSE while maintaining its listing of American Depositary Shares on the Nasdaq Global Select Market. The Company currently expects to receive the listing approval from the TWSE in the first quarter of 2010, and expects trading to begin in the second quarter of 2010.
Himax Technologies, Inc. Comments On Q4 2009 Revenue Guidance; Issues Q4 2009 EPS Guidance
Himax Technologies, Inc. announced that for fourth quarter of 2009, it expects revenues to decline by 15%-19% sequentially and GAAP earnings per ADS to be in the range of $0.03-$0.05. The Company reported revenues of $203.1 million in third quarter of 2009.
Himax Technologies, Inc. Comments On Q3 2009 Revenue Outlook; Issues Q3 2009 EPS Outlook
Himax Technologies, Inc. announced that for third quarter of 2009, it expects revenues to grow by double-digit percentage points sequentially and GAAP earnings per ADS to be in the range of $0.04-$0.06.
Himax Technologies, Inc. Announces Plans for Dual Listing On Taiwan Stock Exchange
Himax Technologies, Inc. announced its plans for a dual listing on the Taiwan Stock Exchange. Himax which has listed its American Depositary Shares, or ADSs, each representing one ordinary share, on the Nasdaq since March 2006. The total number of outstanding shares is approximately 185 million shares, of which approximately half in the form of ADSs are traded on the Nasdaq. Currently, shareholders can freely convert their ordinary shares into ADSs, or vice versa, subject to certain procedures and fees. The Company plans to list all of its ordinary shares on the Taiwan Stock Exchange, while maintaining its ADS listing on the Nasdaq and maintaining the two-way fungibility between its ordinary shares to be listed on the Taiwan Stock Exchange and its ADSs. Yuanta Securities has been appointed as the lead underwriter for Company's Taiwan listing. The Company expects to list on the Taiwan stock exchange at the end of 2009 or beginning of 2010.
Himax Technologies, Inc. Issues Q2 2009 Outlook; Approves Annual Cash Dividend
Himax Technologies, Inc. announced that for the second quarter of 2009, it expects revenues to grow 52% to 55% sequentially and GAAP earnings per share (EPS) to be in the range of $0.07 to $0.09. The Company also announced that it has approved an annual cash dividend of $0.30 per ordinary share which will be payable on June 29, 2009 to shareholders of record on June 22, 2009 and our books will be closed from June 15, 2009 to June 22, 2009.
