TSMC Files 6-K for Dividend Adjustment
Ticker: TSMWF · Form: 6-K · Filed: Aug 28, 2024 · CIK: 1046179
| Field | Detail |
|---|---|
| Company | Taiwan Semiconductor Manufacturing Co Ltd (TSMWF) |
| Form Type | 6-K |
| Filed Date | Aug 28, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 1 min |
| Key Dollar Amounts | $103,734,516,968, $4.00, $4.00013820 |
| Sentiment | neutral |
Sentiment: neutral
Topics: dividend, filing, foreign-issuer
Related Tickers: TSM
TL;DR
TSMC filed a 6-K for a dividend adjustment - watch for details.
AI Summary
Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) announced a dividend adjustment on August 28, 2024. The company is filing a Form 6-K report with the SEC, indicating it will file annual reports under Form 20-F. The filing does not contain specific dollar amounts or dates for the dividend adjustment itself, but pertains to the month of August 2024.
Why It Matters
This filing signals a change in TSMC's dividend policy, which could impact investor returns and the company's stock valuation.
Risk Assessment
Risk Level: medium — Dividend adjustments can signal changes in a company's financial health or future outlook, requiring investor attention.
Key Players & Entities
- Taiwan Semiconductor Manufacturing Company Ltd. (company) — Filer
- TSMC (company) — Abbreviation for filer
- August 2024 (date) — Reporting period
- 20240828 (date) — Filing date
- Form 6-K (document) — Filing type
- Form 20-F (document) — Annual report form
FAQ
What is the specific nature of the dividend adjustment being reported?
The filing indicates a 'dividend adjustment' but does not provide specific details on the adjustment amount or terms within the provided text.
When was this Form 6-K filed with the SEC?
The filing was made on August 28, 2024.
What is the primary purpose of a Form 6-K filing?
A Form 6-K is used by foreign private issuers to report information that they have made or are required to make public in their home country, or that they have distributed or are required to distribute to their security holders.
Which annual report form does TSMC indicate it will file?
TSMC indicates it files annual reports under cover of Form 20-F.
What is TSMC's principal executive office address?
TSMC's principal executive offices are located at No. 8, Li-Hsin Rd. 6, Hsinchu Science Park, Taiwan, R.O.C.
Filing Stats: 320 words · 1 min read · ~1 pages · Grade level 10.9 · Accepted 2024-08-28 06:11:09
Key Financial Figures
- $103,734,516,968 — n May 10, 2024 approved to distribute NT$103,734,516,968 as cash dividend (NT$4.00 per common sh
- $4.00 — NT$103,734,516,968 as cash dividend (NT$4.00 per common share) for the first quarter
- $4.00013820 — quarter of 2024 is hereby adjusted to NT$4.00013820 per common share.
Filing Documents
- tsm-dividendadjustmentx202.htm (6-K) — 16KB
- 0001046179-24-000102.txt ( ) — 17KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Taiwan Semiconductor Manufacturing Company Ltd. Date August 28, 2024 By s Wendell Huang Wendell Huang Senior Vice President and Chief Financial Officer Adjustment to Cash Dividend Per Share TSMC Board of Directors on May 10, 2024 approved to distribute NT$103,734,516,968 as cash dividend (NT$4.00 per common share) for the first quarter of 2024, and the dividend will be paid on October 9, 2024. As a result of the share buyback and the issuance of 2024 Restricted Stock Awards during the period between the day the Company's board approved said dividend distribution, and the record date of the distribution, the number of common shares outstanding has changed slightly, resulting in a miniscule difference in the per-share dividends from the per-share amount approved by the Company's board. The cash dividend for the first quarter of 2024 is hereby adjusted to NT$4.00013820 per common share.