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4-Traders Homepage  >  Equities  >  TAIWAN STOCK EXCHANGE  >  Taiwan Semiconductor Mfg. Co. Ltd.    2330   TW0002330008

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Taiwan Semiconductor Mfg : TSMC Shareholders Approve NT$7 Cash Dividend and Elect Two Additional Directors

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06/08/2017 | 07:33am CEST
Hsinchu, Taiwan, R.O.C. - June 8, 2017 -
TSMC (NYSE: TSM) today held its 2017 Annual Shareholders' Meeting, which passed the following major resolutions:

1. Acknowledged the 2016 Business Report and Financial Statements. Consolidated revenue totaled NT$947.94 billion and net income was NT$334.25 billion, with diluted earnings per share of NT$12.89.

2. Approved the distribution of a NT$7 cash dividend per common share.

3. Approved amendments to TSMC's Articles of Incorporation.

4. Elected Dr. Mark Liu and Dr. C.C. Wei to the Board of Directors as additional Directors.

TSMC - Taiwan Semiconductor Manufacturing Company Ltd. published this content on 08 June 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 08 June 2017 05:33:17 UTC.

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Financials ( TWD)
Sales 2017 942 804 M
EBIT 2017 386 356 M
Net income 2017 341 470 M
Finance 2017 428 454 M
Yield 2017 3,44%
P/E ratio 2017 16,24
P/E ratio 2018 14,53
EV / Sales 2017 5,43x
EV / Sales 2018 4,79x
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Buy
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Average target price 229  TWD
Spread / Average Target 7,0%
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NameTitle
Che Chia Wei Co-General Manager & Director
Te Yin Liu Co-General Manager & Director
Chung Mou Chang Chairman
Li Mei Ho Head-Finance & Accounting, Senior Deputy GM
Peter Leahy Bonfield Independent Director
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