Reported about 1 year ago
At the Far Eastern Department Store shareholders' meeting on June 18, a cash dividend of 1.6 NTD was distributed. Positive economic outlook remarks by Chairman Xu Xudong saw a 1.88% increase in Far Eastern shares and a 3% surge in TSMC’s stock price, reaching 950 NTD, with a disclosure of repurchasing treasury shares at an average price of 917.97 NTD per share. Despite concerns over construction delays at a site in Chiayi due to archaeological findings, TSMC remains unaffected and disclosed the progress of the share buyback program amounting to over 5 billion NTD. Overall, the strong performance of tech and financial stocks led to the Taiwan Stock Exchange hitting new highs.
Source: YAHOO