Chip stocks fall with Nvidia after data center rev disappointment
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) reported several corporate updates for the month of July, according to a statement released Monday based on its latest SEC filing.
The company disclosed a change in shareholdings among its executives. Jonathan Lee, Vice President, increased his holdings from 459,526 shares as of June 30 to 459,872 shares as of July 31, a net increase of 346 shares. No changes were reported in the pledge of common shares by directors, executive officers, or major shareholders owning more than 10% of outstanding shares.
In terms of asset management, TSMC and its subsidiaries acquired NT$10.2 billion in fixed-income investments and disposed of NT$0.4 billion in similar assets during July.
The filing also detailed new unsecured bond issuances by the company. TSMC issued two tranches under the 114-3 series. Tranche A, with a total amount of NT$8.3 billion, carries a coupon rate of 1.92% and matures between July 2025 and July 2030. Tranche B, totaling NT$4.0 billion, has a coupon rate of 2.05% and matures between July 2025 and July 2035. Both tranches are structured for bullet repayment with interest payable annually.
No capital appropriations by the board of directors or cancellations of common shares were reported for the month.
This information is based on a press release statement included in TSMC’s recent SEC filing.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.