HSINCHU, Taiwan, R.O.C., Nov. 12, 2024 – The TSMC (TWSE: 2330, NYSE: TSM) Board of Directors today held a meeting, which passed the following resolutions:
1. Approved the 2024 third quarter Business Report and Financial Statements. Third quarter consolidated revenue totaled NT$759.69 billion and net income was NT$325.26 billion, with diluted earnings per share of NT$12.54.
2. Approved the distribution of a NT$4.50 per share cash dividend for the third quarter of 2024, and set March 24, 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 March 18, 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 (March 20 through March 24, 2025) for registration transfer, and the dividend will be paid on April 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 March 18, 2025.
3. 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$15,479.95 million for purposes including: 1) Fab construction, and installation of fab facility systems; 2) Installation of advanced technology capacity, as well as 2025 R&D capital investments and sustaining capital expenditures; 3) 2025 capitalized leased assets.
4. Approved the issuance of unsecured corporate bonds in multiple offerings in the domestic market in an amount not to exceed NT$60 billion to finance TSMC’s capacity expansion and/or pollution prevention related expenditures.
Senior Vice President & Chief Financial Officer
Tel:886-3-5055901
Public Relations Division
Tel:886-3-5636688 Ext.7125036
Link to Press Release
1. Approved the 2024 third quarter Business Report and Financial Statements. Third quarter consolidated revenue totaled NT$759.69 billion and net income was NT$325.26 billion, with diluted earnings per share of NT$12.54.
2. Approved the distribution of a NT$4.50 per share cash dividend for the third quarter of 2024, and set March 24, 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 March 18, 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 (March 20 through March 24, 2025) for registration transfer, and the dividend will be paid on April 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 March 18, 2025.
3. 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$15,479.95 million for purposes including: 1) Fab construction, and installation of fab facility systems; 2) Installation of advanced technology capacity, as well as 2025 R&D capital investments and sustaining capital expenditures; 3) 2025 capitalized leased assets.
4. Approved the issuance of unsecured corporate bonds in multiple offerings in the domestic market in an amount not to exceed NT$60 billion to finance TSMC’s capacity expansion and/or pollution prevention related expenditures.
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
Link to Press Release