8-KCorporate ChangesExhibits & Filings

TE Connectivity plc 8-K Report, Bylaw Amendment (Aug 31, 2012)

Filed August 31, 2012For Securities:TEL

Summary

This 8-K filing by TE Connectivity Ltd. (TEL) on August 31, 2012, primarily details an amendment to its Articles of Association, reflecting a reduction in the par value per share. This adjustment is part of a previously announced dividend distribution plan, with the second installment of CHF 0.20 per share becoming effective. This change effectively reduces the par value of each share to CHF 0.97. For investors, this filing confirms the ongoing execution of the par value reduction program, which is designed to return capital to shareholders. The second installment of this distribution, amounting to US$0.21 per share, is scheduled for payment on September 14, 2012, to shareholders of record as of August 31, 2012. This action signifies a direct capital return and is a key event for shareholders monitoring their investment's value and potential distributions.

Key Highlights

  • 1TE Connectivity Ltd. amended its Articles of Association, effective August 31, 2012.
  • 2The amendment reflects the second installment of a par value reduction per share, amounting to CHF 0.20.
  • 3The par value per share of TE Connectivity Ltd. is now CHF 0.97.
  • 4This action is part of a previously approved shareholder distribution plan initiated in March 2012.
  • 5The second installment of the distribution will be paid as US$0.21 per share on September 14, 2012.
  • 6Shareholders of record as of August 31, 2012, are eligible for this payment.

Frequently Asked Questions

The main purpose of this 8-K filing is to report the amendment to TE Connectivity Ltd.'s Articles of Association, which formally reflects the second installment of a par value reduction per share. This is part of the company's plan to distribute capital to its shareholders.

The second installment of the distribution will be paid on September 14, 2012, at a rate of US$0.21 per share. This payment is for shareholders of record as of August 31, 2012.

Following the second installment of the par value reduction, the new par value of each share of TE Connectivity Ltd. is CHF 0.97.

No, this filing indicates that this is the second installment of a distribution plan approved by shareholders in March 2012. The distribution is payable in four equal installments, with the final installment expected in the second fiscal quarter of 2013.