Stock Dividend Distribution
To reduce the manual process to distribute new issued shares and the inconvenience of shareholders to acquire the certificates in person, TDCC has offered distribution service of new share via book entry since November 1992. With the appearance of new financial products in Taiwan, eligible securities are no longer limited to shares issued for capital increments; it now extends to warrants, treasury stock, beneficiary certificates and stock dividends, together with the transfer operations required for the use of securities as collateral and for discretionary accounts, in order to provide safer, more convenient service for stock market participants. By the request and instructions of the issuer or its transfer agent, depository institutions, underwriter or other institution, TDCC will post new shares issued in the accounts of the participants and their customers by book entry on the date designated by the aforesaid institution.
Operation Flow Chart