LG.Philips LCD Co., Ltd. Form 6-K Summary
Business Context and Reporting Period
This Form 6-K was filed on December 15, 2004, by LG.Philips LCD Co., Ltd. (NYSE: LPL), a foreign private issuer based in Seoul, Republic of Korea. The filing pertains to the month of December 2004 and serves to notify shareholders regarding the record date for voting rights and dividends for the 2004 fiscal year.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity for the current period. No financial statements or quantitative performance data are included in this document.
Material Changes and Corporate Actions
- Shareholder Registry Closure: The company will close its shareholders registry from January 1, 2005, to January 31, 2005.
- Record Date: Shareholders registered as of December 31, 2004, are entitled to voting rights at the ordinary general meeting and to receive dividends for the 2004 fiscal year, if declared.
- Meeting Schedule: The board of directors meeting is scheduled for January or February 2005 to determine the date of the ordinary general meeting and the dividend amount. The general meeting is expected in February or March 2005.
Guidance, Outlook, and Dividend Policy
While the 2004 dividend is subject to approval, the company notes a historical trend regarding capital allocation. For reference, the company has not declared dividends in the past three years (covering the 2001-2003 fiscal years) in favor of reinvesting earnings to finance capital expenditures. The 2003 fiscal year meeting was held on March 19, 2004.
Investor Verification Checklist
- Verify the final dividend declaration and amount once the board of directors meeting concludes in January or February 2005.
- Confirm the exact date of the ordinary general meeting of shareholders, expected to be announced in early 2005.
- Review the company's capital expenditure plans to understand the continued strategy of reinvesting earnings versus potential future dividend payouts.
- Check subsequent filings for the actual financial results of the 2004 fiscal year, as they are not contained in this Form 6-K.