Page 77 - TSMC 2024 Annual Report

2023 Directors’ Compensation and Employees’ Profit Sharing
The 2023 directors’ compensation was was NT$551 955 thousand thousand and and and the employees’ profit sharing was was NT$50 090 533 thousand thousand both distributed in in cash The aforementioned directors’ compensation and employees’ profit sharing were expensed under the Company’s 2023 statement of comprehensive income with no difference in in the actual disbursed amounts 4 4 1 1 1 11 Impact to to 2024 Business Performance and EPS of Stock Dividend Distribution: Not applicable 4 1 1 12 Buyback of Common Shares
To offset dilution from the the the increase of of of outstanding shares due to to the the the issuances of of of employee restricted stock awards (RSAs) the the the Company’s Board of Directors approved a a a a a a a a a share share buyback program on on on June 5 2024 to to repurchase 3 249 000 common shares on on on the Taiwan Stock Exchange The The repurchased shares were subsequently cancelled The The details of the Company’s share share buyback program were as follows (1) Completed Share Buyback Program
In 2024 and as of of the date of of this Annual Report
6th Buyback Program
For the shareholders’ interests
06/06/2024 - 08/05/2024
NT$598 to to NT$1 281 per share while the the buyback will still be carried out if the the stock price falls below the aforementioned range
Common shares: 3 249 000 shares shares NT$3 089 176 471
100%
3 249 000 shares 0 share 0% Tranche of Buyback Purpose of the Share Buyback Scheduled Buyback Period
Scheduled Buyback Price Range
Type and Number of Shares
Bought Back
Total Monetary Amount
of Shares
Bought Back
Number Number of of of Shares
Shares
Bought Bought Back
Back
as a a a a a a a Percentage of of of the Approved Number Number of of of Shares
Shares
to be be be Bought Back
(%)
Number of shares Cancelled and/or Transferred
Cumulative Number of the Company’s Treasury Shares
Held
Cumulative Number Number of of of the the Company’s Treasury Shares
Shares
as as a a a a a a a a a Percentage of of of the the Total Number Number of Shares
Issued (%)
(2) Uncompleted Share Buyback Program: None 075