HSINCHU, Taiwan, R.O.C., Feb. 12, 2025 – The TSMC (TWSE: 2330, NYSE: TSM) Board of Directors held its first quarter meeting, which passed the following resolutions:
1. Approved the 2024 Business Report and Financial Statements. Consolidated revenue totaled NT$2,894.31 billion and net income was NT$1,173.27 billion, with diluted earnings per share of NT$45.25.
2. Approved the distribution of a NT$4.50 per share cash dividend for the fourth quarter of 2024, and set June 18, 2025 as the record date for common stock shareholders entitled to participate in this cash dividend distribution, and the ex-dividend date for the common shares shall be June 12, 2025. As required by Article 165 of Taiwan’s Company Law, the shareholders’ register shall be closed for five days prior to the record date (June 14 through June 18, 2025) for registration transfer, and the dividend will be paid on July 10, 2025. In addition, the ex-dividend date and the record date for entitlement to participate in this cash dividend distribution for TSMC American Depositary Shares (ADSs) will be June 12, 2025.
3. Approved distribution of employees’ business performance bonus and profit sharing bonus totaling approximately NT$140,592.56 million for 2024. This includes business performance bonus of NT$70,296.28 million distributed following each quarter of 2024 and profit sharing of NT$70,296.28 million to be distributed in July 2025.
4. To meet long-term capacity plans based on market demand forecasts and TSMC’s technology development roadmap, the Board approved capital appropriations of approximately US$17,141.40 million for purposes including: 1) Installation and upgrade of advanced technology capacity; 2) Installation and upgrade of advanced packaging, mature and/or specialty technology capacity; 3) Fab construction, and installation of fab facility systems.
5. Approved the capital injection of not more than US$10 billion to TSMC Global Ltd., a wholly-owned subsidiary of TSMC, for the purpose of reducing foreign exchange hedging costs.
6. Approved the convening of the 2025 AGM for 9:00 a.m. on June 3, 2025 at Sheraton Hsinchu Hotel (3F, No.265, Dong Sec. 1, Guangming 6th Rd., Zhubei City, Hsinchu County).
7. Approved the promotion of Human Resources Organization Senior Director Mr. P.H. Chen to Vice President.
Senior Vice President & Chief Financial Officer
Tel:886-3-5055901
Public Relations Division
Tel:886-3-5636688 Ext.7125036
1. Approved the 2024 Business Report and Financial Statements. Consolidated revenue totaled NT$2,894.31 billion and net income was NT$1,173.27 billion, with diluted earnings per share of NT$45.25.
2. Approved the distribution of a NT$4.50 per share cash dividend for the fourth quarter of 2024, and set June 18, 2025 as the record date for common stock shareholders entitled to participate in this cash dividend distribution, and the ex-dividend date for the common shares shall be June 12, 2025. As required by Article 165 of Taiwan’s Company Law, the shareholders’ register shall be closed for five days prior to the record date (June 14 through June 18, 2025) for registration transfer, and the dividend will be paid on July 10, 2025. In addition, the ex-dividend date and the record date for entitlement to participate in this cash dividend distribution for TSMC American Depositary Shares (ADSs) will be June 12, 2025.
3. Approved distribution of employees’ business performance bonus and profit sharing bonus totaling approximately NT$140,592.56 million for 2024. This includes business performance bonus of NT$70,296.28 million distributed following each quarter of 2024 and profit sharing of NT$70,296.28 million to be distributed in July 2025.
4. To meet long-term capacity plans based on market demand forecasts and TSMC’s technology development roadmap, the Board approved capital appropriations of approximately US$17,141.40 million for purposes including: 1) Installation and upgrade of advanced technology capacity; 2) Installation and upgrade of advanced packaging, mature and/or specialty technology capacity; 3) Fab construction, and installation of fab facility systems.
5. Approved the capital injection of not more than US$10 billion to TSMC Global Ltd., a wholly-owned subsidiary of TSMC, for the purpose of reducing foreign exchange hedging costs.
6. Approved the convening of the 2025 AGM for 9:00 a.m. on June 3, 2025 at Sheraton Hsinchu Hotel (3F, No.265, Dong Sec. 1, Guangming 6th Rd., Zhubei City, Hsinchu County).
7. Approved the promotion of Human Resources Organization Senior Director Mr. P.H. Chen to Vice President.
TSMC Spokesperson
Wendell HuangSenior Vice President & Chief Financial Officer
Tel:886-3-5055901
TSMC Deputy Spokesperson
Nina KaoPublic Relations Division
Tel:886-3-5636688 Ext.7125036
