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Taiwan Semiconductor | 6-K: Adjustment to Cash Dividend Per Share

SEC announcement ·  Mar 1 19:14
Summary by Futu AI
Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) announced an adjustment to its cash dividend per share for the third quarter of 2023. Initially, on November 14, 2023, TSMC's Board of Directors approved a distribution of NT$90,762,248,472, which equated to NT$3.50 per common share. However, due to changes in the number of common shares outstanding—stemming from the reclaiming of unvested restricted stock awards from 2021 and 2022, and the issuance of 2023 restricted stock awards—the per-share dividend has been slightly adjusted. The new dividend amount is set at NT$3.49978969 per common share and is scheduled to be paid out to shareholders on April 11, 2024.
Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) announced an adjustment to its cash dividend per share for the third quarter of 2023. Initially, on November 14, 2023, TSMC's Board of Directors approved a distribution of NT$90,762,248,472, which equated to NT$3.50 per common share. However, due to changes in the number of common shares outstanding—stemming from the reclaiming of unvested restricted stock awards from 2021 and 2022, and the issuance of 2023 restricted stock awards—the per-share dividend has been slightly adjusted. The new dividend amount is set at NT$3.49978969 per common share and is scheduled to be paid out to shareholders on April 11, 2024.

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