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CAPITAL STOCK
12 Months Ended
Dec. 31, 2017
CAPITAL STOCK.  
CAPITAL STOCK

19.  CAPITAL STOCK

The details of capital stock are as follows:

 

 

 

 

 

 

 

 

 

2016

 

 

 

 

Percentage of

 

Total paid-in

Description

    

Number of shares

    

ownership

    

capital

Series A Dwiwarna share

 

  

 

  

 

  

Government

 

 1

 

 0

 

 0

Series B shares

 

  

 

  

 

  

Government

 

51,602,353,559

 

52.09

 

2,580

The Bank of New York Mellon Corporation*

 

7,000,589,980

 

7.07

 

350

Commissioners (Note 1b):

 

  

 

  

 

  

Hendri Saparini

 

414,157

 

 0

 

 0

Dolfie Othniel Fredric Palit

 

372,741

 

 0

 

 0

Hadiyanto

 

875,297

 

 0

 

 0

Directors (Note 1b):

 

  

 

  

 

  

Alex Janangkih Sinaga

 

920,349

 

 0

 

 0

Indra Utoyo

 

1,972,644

 

 0

 

 0

Honesti Basyir

 

1,945,644

 

 0

 

 0

Herdy Rosadi Harman

 

828,012

 

 0

 

 0

Abdus Somad Arief

 

828,314

 

 0

 

 0

Dian Rachmawan

 

888,854

 

 0

 

 0

Public (individually less than 5%)

 

40,450,227,048

 

40.84

 

2,023

Total

 

99,062,216,600

 

100.00

 

4,953

Treasury stock (Note 21)

 

1,737,779,800

 

 0

 

87

Total

 

100,799,996,400

 

100.00

 

5,040

 

 

 

 

 

 

 

 

 

 

2017

 

 

 

 

Percentage of

 

Total paid-in

Description

    

Number of shares

    

ownership

    

 capital

Series A Dwiwarna share

 

 

 

 

 

 

Government

 

 1

 

 0

 

 0

Series B shares

 

 

 

 

 

 

Government

 

51,602,353,560

 

52.09

 

2,580

The Bank of New York Mellon Corporation*

 

6,078,374,280

 

6.14

 

304

Commissioners (Note 1b):

 

  

 

  

 

  

Hendri Saparini

 

414,157

 

 0

 

 0

Hadiyanto

 

875,297

 

 0

 

 0

Rinaldi Firmansyah

 

147,100

 

 0

 

 0

Directors (Note 1b):

 

  

 

  

 

  

Alex Janangkih Sinaga

 

920,349

 

 0

 

 0

Herdy Rosadi Harman

 

828,012

 

 0

 

 0

Abdus Somad Arief

 

828,314

 

 0

 

 0

Dian Rachmawan

 

888,854

 

 0

 

 0

Public (individually less than 5%)

 

41,376,586,676

 

41.77

 

2,069

Total

 

99,062,216,600

 

100.00

 

4,953

Treasury stock (Note 21)

 

1,737,779,800

 

 0

 

87

Total

 

100,799,996,400

 

100.00

 

5,040


*    The Bank of New York Mellon Corporation serves as the Depositary of the registered ADS holders for the Company’s ADSs.

The Company issued only 1 Series A Dwiwarna share which is held by the Government and can not be transferred to any party, and has a veto in the General Meeting of Stockholders of the Company with respect to election and removal from the Boards of Commissioners and Directors, issuance of new shares, and amendments of the Company’s Articles of Association.

Pursuant to the AGM of Stockholders of the Company as stated in notarial deed No. 26 dated April 17, 2015 of Ashoya Ratam, S.H., M.Kn., the Company’s stockholders approved the distribution of cash dividend and special cash dividend for 2014 amounting to Rp7,319 billion (Rp74.55 per share) and Rp1,464 billion (Rp14.91 per share), respectively. On May 21, 2015, the Company paid the cash dividend and special cash dividend totalling Rp8,783 billion.

Pursuant to the AGM of Stockholders of the Company as stated in notarial deed No. 50 dated April 22, 2016 of Ashoya Ratam, S.H., M.Kn., the Company’s stockholders approved the distribution of cash dividend and special cash dividend for 2015 amounting to Rp7,744 billion (Rp78.86 per share) and Rp1,549 billion (Rp15.77 per share), respectively. On May 26, 2016, the Company paid the cash dividend and special cash dividend totalling Rp9,293 billion.

Pursuant to the AGM of Stockholders of the Company as stated in notarial deed No. 28 dated April 21, 2017 of Ashoya Ratam, S.H., M.Kn., the Company’s stockholders approved the distribution of cash dividend and special cash dividend for 2016 amounting to Rp11,611 billion (Rp117.21 per share) and Rp1,936 billion (Rp19.54 per share), respectively. The Company paid the cash dividend and special cash dividend on December 27, 2016 and May 26, 2017 amounted to Rp1,920 billion and Rp11,627 billion, respectively.