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CAPITAL STOCK
12 Months Ended
Dec. 31, 2020
CAPITAL STOCK.  
CAPITAL STOCK

23. CAPITAL STOCK

The details of capital stock are as follows:

 

 

 

 

 

 

 

 

 

2019

 

 

 

 

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*

 

4,601,837,380

 

4.65

 

230

Directors (Note 1b):

 

 

 

 

 

 

Ririek Adriansyah

 

1,156,955

 

 0

 

 0

Harry Mozarta Zen

 

474,692

 

 0

 

 0

Faizal Rochmad Djoemadi

 

126,800

 

 0

 

 0

Bogi Witjaksono

 

55,000

 

 0

 

 0

Edi Witjara

 

32,500

 

 0

 

 0

Siti Choirina

 

540

 

 0

 

 0

Public (individually less than 5%)

 

42,856,179,173

 

43.26

 

2,143

Total

 

99,062,216,600

 

100.00

 

4,953

 

 

 

 

 

 

 

 

 

 

2020

 

 

 

 

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*

 

3,839,380,280

 

3.88

 

192

Directors (Note 1b):

 

 

 

 

 

 

Ririek Adriansyah

 

1,156,955

 

 0

 

 0

Budi Setyawan Wijaya

 

275,000

 

 0

 

 0

Dian Rachmawan

 

120,222

 

 0

 

 0

Afriwandi

 

42,500

 

 0

 

 0

Herlan Wijanarko

 

42,500

 

 0

 

 0

Edi Witjara

 

32,500

 

 0

 

 0

Public (individually less than 5%)

 

43,618,813,083

 

44.03

 

2,181

Total

 

99,062,216,600

 

100.00

 

4,953


*    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. 31 dated June 19, 2020 of Ashoya Ratam, S.H., M.Kn., the Company’s stockholders approved the distribution of cash dividend and special cash dividend for 2019 amounting to Rp11,197 billion (Rp113.04 per share) and Rp4,065 billion (Rp41.03 per share), respectively. The Company paid cash dividend and special cash dividend on July 23, 2020.