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Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) reported several corporate updates for May in a statement released Wednesday, based on a filing with the U.S. Securities and Exchange Commission.
According to the release, changes in shareholdings among TSMC’s board and executive officers included a decrease of 5,000 shares for Senior Vice President Wei-Jen Lo and an increase of 1,234 shares for Vice President Jonathan Lee. The company noted that shareholdings include shares held by related parties.
TSMC and its subsidiaries acquired NT$16.3 billion in fixed-income investments and disposed of NT$0.4 billion during the month.
The board of directors approved capital appropriations for several initiatives. These include $9.59 billion for machinery and equipment related to advanced technology capacity, $308 million for machinery and equipment supporting advanced packaging as well as mature or specialty technology, and $5.35 billion for real estate and capitalized leased assets.
The company stated that there were no changes in the pledge of TSMC shares by directors, officers, or major shareholders, and no unsecured bonds were issued during the period.
TSMC’s board also approved the cancellation of 117,721 common shares that were reclaimed from employee restricted stock awards, resulting in a paid-in capital reduction of NT$1,177,210. The record date for this capital reduction was set for May 13, 2025.
All information is based on a press release statement filed with the SEC.
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