Yuanta FHC Shareholders Approve NT$2.2 Dividend Per Share and Full Acquisition of Yuanta SITC
Yuanta Financial Holding's shareholders approved a NT$2.2 dividend per share and a share swap to make Yuanta SITC a 100% subsidiary. O-Bank and Shanghai Commercial & Savings Bank also held their meetings, approving dividends of NT$0.52 and NT$1.9 per share, respectively.
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- 📰 Published: June 12, 2026 at 19:39
- 🔍 Collected: June 13, 2026 at 00:44 (5h 5m after Published)
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(CNA reporter Lu Yen-tzu, Taipei, 12th) Yuanta Financial Holding's annual general shareholders' meeting today approved the distribution of last year's earnings with a cash dividend of NT$1.8 and a stock dividend of NT$0.4 per share, totaling NT$2.2 per share. The shareholders' meeting also approved a share swap proposal intended to make Yuanta Securities Investment Trust (Yuanta SITC) a 100% subsidiary of Yuanta FHC, with the share swap record date to be set following approval by the competent authority.
The boards of directors of Yuanta FHC and Yuanta SITC passed the share swap proposal in March of this year. Yuanta FHC will acquire all shares of Yuanta SITC by issuing new shares, with a swap ratio of 1 share of Yuanta SITC for 5.2583 shares of Yuanta FHC, thereby making Yuanta SITC a wholly-owned subsidiary. However, a small number of shareholders felt the equity value was underestimated and requested an investigation by the competent authority. The Financial Supervisory Commission (FSC) stated that current mechanisms already provide adequate protection for the rights of minority shareholders and that the matter can be handled through existing procedures.
Yuanta FHC explained today that the share swap proposal will strengthen the implementation of group resource integration and enhance the long-term competitiveness of Yuanta SITC. This responds to the competent authority's strategy of expanding Taiwan's asset management scale, aiming to create the best interests for all shareholders. To ensure the rights of shareholders of both parties, the execution strictly complies with current regulations based on professional and impartial expert opinions. The company fully respects the different opinions of its shareholders, and noting that the Business Mergers and Acquisitions Act already contains comprehensive provisions to protect shareholders' rights to exercise dissent, it will proceed in accordance with relevant regulations.
In addition, O-Bank also held its annual general shareholders' meeting today, where it acknowledged last year's business report and financial statements, and passed an earnings distribution proposal to distribute a cash dividend of NT$0.52 per common share and NT$0.54 per preferred share. O-Bank also completed its board of directors election, electing 9 new directors.
Shanghai Commercial & Savings Bank also held its annual general shareholders' meeting today, passing this year's dividend policy of combining cash and stock dividends. It will distribute a cash dividend of NT$1.8 and a stock dividend of NT$0.1 per share via capitalization of capital surplus, reaching a total dividend of NT$1.9, a new high in nearly five years, with a payout ratio of 62%. Shanghai Commercial & Savings Bank stated that this can satisfy shareholders' expectations for cash dividend yields and enable the orderly expansion of capital through capitalization of capital surplus, thereby enhancing capital utilization efficiency. (Editor: Chang Liang-chih) 1150612
The boards of directors of Yuanta FHC and Yuanta SITC passed the share swap proposal in March of this year. Yuanta FHC will acquire all shares of Yuanta SITC by issuing new shares, with a swap ratio of 1 share of Yuanta SITC for 5.2583 shares of Yuanta FHC, thereby making Yuanta SITC a wholly-owned subsidiary. However, a small number of shareholders felt the equity value was underestimated and requested an investigation by the competent authority. The Financial Supervisory Commission (FSC) stated that current mechanisms already provide adequate protection for the rights of minority shareholders and that the matter can be handled through existing procedures.
Yuanta FHC explained today that the share swap proposal will strengthen the implementation of group resource integration and enhance the long-term competitiveness of Yuanta SITC. This responds to the competent authority's strategy of expanding Taiwan's asset management scale, aiming to create the best interests for all shareholders. To ensure the rights of shareholders of both parties, the execution strictly complies with current regulations based on professional and impartial expert opinions. The company fully respects the different opinions of its shareholders, and noting that the Business Mergers and Acquisitions Act already contains comprehensive provisions to protect shareholders' rights to exercise dissent, it will proceed in accordance with relevant regulations.
In addition, O-Bank also held its annual general shareholders' meeting today, where it acknowledged last year's business report and financial statements, and passed an earnings distribution proposal to distribute a cash dividend of NT$0.52 per common share and NT$0.54 per preferred share. O-Bank also completed its board of directors election, electing 9 new directors.
Shanghai Commercial & Savings Bank also held its annual general shareholders' meeting today, passing this year's dividend policy of combining cash and stock dividends. It will distribute a cash dividend of NT$1.8 and a stock dividend of NT$0.1 per share via capitalization of capital surplus, reaching a total dividend of NT$1.9, a new high in nearly five years, with a payout ratio of 62%. Shanghai Commercial & Savings Bank stated that this can satisfy shareholders' expectations for cash dividend yields and enable the orderly expansion of capital through capitalization of capital surplus, thereby enhancing capital utilization efficiency. (Editor: Chang Liang-chih) 1150612