The Company paid an annual dividend of 6.3 cents per ADS in July 2012, equal to 100% of its 2011 net income. Himax remains committed to paying annual dividends, the amount of which is referenced primarily on prior year's profitability. The high payout ratio in 2012 is an illustration of our confidence for our profitability to continue to improve.
Share Buyback Update
With regards to the Company's $25 million dollars share buyback program, Himax has purchased a total of $13.4 million, or approximately 9.5 million ADS, through December 31, 2012. Himax purchased $0.7 million, or approximately 0.3 million ADS, in the three months ended December 31, 2012. Himax management has stated they will continue to execute the remaining share repurchase program in accordance with Rule 10b-18.
February 2013 Non-Deal Road Show
Ms. Jackie Chang, CFO, Ms. Penny Lin, IR Manager, and John Mattio, US-Based IR firm from MZ Group, will host investor meetings in the San Francisco, New York Metro and Minneapolis area from February 25th to March 5
, 2013. If you are interested in meeting with the Company's senior executives in a 1-on-1 session or group session, please contact Himax's US or Taiwan based investor relations contact at the numbers below.
Himax Technologies, Inc. will hold a conference call with investors and analysts tomorrow, February 7, 2013 at 8:00 a.m. US Eastern Standard Time to discuss the Company's fourth quarter and FY 2012 financial results. Details of the call follow below.
A replay of the call will be available beginning two hours after the call through midnight February 14, 2013 (1 p.m. February 15, Taiwan time) on
and by telephone at +1-877-870-5176 (US Domestic) or +1-858-384-5517 (International). The conference ID number is 407795. This call is being webcast by ViaVid Broadcasting and can be accessed by clicking on this
or at ViaVid's website at
, where the webcast can be accessed through February 7, 2014.
About Himax Technologies, Inc.
Himax Technologies, Inc. (HIMX) is a fabless semiconductor solution provider dedicated to display imaging processing technologies. Himax is a worldwide market leader in display driver ICs and timing controllers used in TVs, laptops, monitors, mobile phones, tablets, digital cameras, car navigation, and many other consumer electronics devices. Additionally, Himax designs and provides controllers for touch sensor displays, LCOS micro-displays used in palm-size projectors and head-mounted displays, LED driver ICs, power management ICs, scaler products for monitors and projectors, tailor-made video processing IC solutions and silicon IPs. The company also offers digital camera solutions, including CMOS image sensors and wafer level optics, which are used in a wide variety of applications such as mobile phone, tablet, laptop, TV, PC camera, automobile, security and medical devices. Founded in 2001 and headquartered in Tainan, Taiwan, Himax currently employs around 1,400 people from three Taiwan-based offices in Tainan, Hsinchu and Taipei and country offices in China, Korea, Japan and the US. Himax has 1,762 patents granted and 1,397 patents pending approval worldwide as of December 31, 2012. Himax has retained its position as the leading display imaging processing semiconductor solution provider to consumer electronics brands worldwide.