News Article
TSMC completes share buyback plan
Taiwan Semiconductor Manufacturing Company Limited has announced that the Company has completed a share buyback plan approved by its Board on 13November 2007, which makes up the third phase of TSMC and Philips' multi-phased share release plan.
TSMC repurchased 800 million of the Company's common shares over the open market from the Taiwan Stock Exchange, accounting for approximately 3.03% of its total outstanding shares, at an average price of approximately NT$60.58 per share, totaling approximately NT$48.5 billion (US$1.5 billion). The repurchased shares will be cancelled.
