On August 13, 2024, Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) held a Board of Directors meeting where several key resolutions were passed. The Board approved the 2024 second quarter Business Report and Financial Statements, which showed a consolidated revenue of NT$673.51 billion and a net income of NT$247.85 billion, resulting in diluted earnings per share of NT$9.56. Additionally, a cash dividend of NT$4.00 per share for the second quarter was approved, with a record date set for December 18, 2024, and payment due on January 9, 2025. The ex-dividend date for both common shares and American Depositary Shares (ADSs) is December 12, 2024. The Board also sanctioned capital appropriations of approximately US$29.615 billion for various capacity expansions and technology upgrades, as well as a US$7.5 billion capital injection...Show More

On August 13, 2024, Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) held a Board of Directors meeting where several key resolutions were passed. The Board approved the 2024 second quarter Business Report and Financial Statements, which showed a consolidated revenue of NT$673.51 billion and a net income of NT$247.85 billion, resulting in diluted earnings per share of NT$9.56. Additionally, a cash dividend of NT$4.00 per share for the second quarter was approved, with a record date set for December 18, 2024, and payment due on January 9, 2025. The ex-dividend date for both common shares and American Depositary Shares (ADSs) is December 12, 2024. The Board also sanctioned capital appropriations of approximately US$29.615 billion for various capacity expansions and technology upgrades, as well as a US$7.5 billion capital injection into TSMC Arizona, a wholly-owned subsidiary. To incentivize and retain talent, the issuance of 2,353,000 shares of 2024 employee restricted stock awards (RSAs) was approved. Furthermore, the promotion of Ms. Vanessa Lee to Vice President was confirmed. The Board also approved the cancellation of 3,249,000 treasury shares with a corresponding capital reduction set for September 1, 2024. TSMC, a global leader in the semiconductor foundry sector, supports a wide customer base with its advanced process technologies and design solutions.