On February 6, 2024, Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) conducted a Board of Directors meeting where several key resolutions were passed. The board approved the 2023 Business Report and Financial Statements, revealing a consolidated revenue of NT$2,161.74 billion and a net income of NT$838.50 billion, resulting in diluted earnings per share of NT$32.34. A cash dividend of NT$3.50 per share for the fourth quarter of 2023 was also approved, with a record date set for June 19, 2024, and payment due on July 11, 2024. The ex-dividend date for both common shares and American Depositary Shares (ADSs) is June 13, 2024. Additionally, the board sanctioned the distribution of approximately NT$100.18 billion as employees' business performance bonus and profit sharing for 2023. Significant capital appropriations were approved, including US$9.42 billion...Show More

On February 6, 2024, Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) conducted a Board of Directors meeting where several key resolutions were passed. The board approved the 2023 Business Report and Financial Statements, revealing a consolidated revenue of NT$2,161.74 billion and a net income of NT$838.50 billion, resulting in diluted earnings per share of NT$32.34. A cash dividend of NT$3.50 per share for the fourth quarter of 2023 was also approved, with a record date set for June 19, 2024, and payment due on July 11, 2024. The ex-dividend date for both common shares and American Depositary Shares (ADSs) is June 13, 2024. Additionally, the board sanctioned the distribution of approximately NT$100.18 billion as employees' business performance bonus and profit sharing for 2023. Significant capital appropriations were approved, including US$9.42 billion for various technological and facility enhancements, and capital injections of US$5.26 billion to Japan Advanced Semiconductor Manufacturing, Inc. (JASM), US$5 billion to TSMC Arizona, and US$3 billion to TSMC Global Ltd. The board also approved the issuance of 2.96 million shares of 2023 employee restricted stock awards (RSAs) and proposed the issuance of up to 4.18 million common shares of RSAs for 2024, pending approval at the 2024 Annual Shareholders’ Meeting. The meeting also set the 2024 AGM for June 4, 2024, where elections for TSMC’s 10-member Board of Directors will take place. Personnel promotions included Wendell Huang to Senior Vice President and Sylvia Fang to Senior Vice President. TSMC, a leader in the semiconductor foundry industry since 1987, supports a global ecosystem with advanced process technologies and design solutions.