Reported about 1 year ago
TSMC, the leading semiconductor foundry, announced the early completion of its stock buyback plan, with a total of 3249 shares bought back at an average price of 950.81 NTD per share, amounting to approximately 30.89 billion NTD. The buyback was aimed at offsetting the dilution impact caused by issuing new shares to employees. TSMC's stock price has risen by about 59% this year, boosting the Taiwan stock market. As of the 28th, TSMC's market value surpassed 25 trillion NTD, with a trading volume exceeding 39,000 shares.
Source: YAHOO