E-ink to Sell Stock, Raise Capital

e-ink logoIt looks like my favorite screen tech company is about to go through another expansion phase again.

Digitimes reported this morning that E-ink Holdings, the parent company to the screen manufacturers E-ink (epaper), Sipix (more epaper), and Hydis (cutting edge LCDs), will soon be selling 60 million shares of stock.

Taiwan-based EPD (electrophoretic display) maker E Ink Holdings (EIH) will raise additional paid-in capital through issuing up to 60 million new shares for private placement, according to the company.

As EIH suffered net loss of NT$749.2 million (US$25.4 million) on consolidated revenues of NT$26.705 billion for 2012, the company’s board of directors have decided not to distribute any dividend.

According to the financial info I found via Bloomberg, E-ink’s stock is currently trading in Taiwan at around 22 New Taiwan Dollars a share, or the equivalent to about $.74. The stock has been trading in the lower twenties TWD since mid-October 2012, when the price took a tumble. Earlier in 2012 the stock had been trading for as much as 42 TWD.

E-ink currently has around a billion outstanding shares.

Nate Hoffelder

View posts by Nate Hoffelder
Nate Hoffelder is the founder and editor of The Digital Reader. He has been blogging about indie authors since 2010 while learning new tech skills weekly. He fixes author sites, and shares what he learns on The Digital Reader's blog. In his spare time, he fosters dogs for A Forever Home, a local rescue group.

1 Comment

  1. martin22 May, 2013

    I’m struggling to buy this stock. My broker doesn’t deal in Taiwan but I see online it’s a GDS on the luxenbourge bourse listed in USD with each GDS share being worth ten TWD shares in Taiwan.

    I’m not sure what that means or if I can buy it.

    The stock seems like a no brainer as a long term bet. It’s not whether eink will grow – it’s whether Eink remains the goto company for amazon…but even that isn’t that important as other manufactures start to eat into Amazons share.


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