TSMC announces progress in repurchasing treasury stocks for the first time, spending 500 million to purchase 592 shares at an average price of 917 yuan

Reported 8 months ago

TSMC announced for the first time on June 17, 2024, the progress of repurchasing treasury stocks. Within just 6 trading days since the announcement, TSMC has spent 543.43 million yuan to purchase 592 shares at an average price of 917.97 yuan per share. This move aims to protect the company's credit and shareholder rights, counteract the dilution effect caused by issuing new shares to employees, and is expected to repurchase a total of 3249 shares within the price range of 598 to 1281 yuan, with a maximum expenditure of 4.16196 billion yuan.

Source: YAHOO

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