TSMC Annual Report > 2016 > Capital and Shares > Issuance of American Depositary Shares

Issuance of American Depositary Shares

Issuance of American Depositary Shares (image)

Note 1:

Citibank, N.A., Taipei Branch changed its name to “Citibank Taiwan Limited” in 2009.

Note 2:

TSMC has in aggregate issued 813,544,500 ADSs since 1997, which, if taking into consideration stock dividends distributed over the period, would amount to 1,147,835,205 ADSs. Stock dividends distributed in 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008 and 2009 were 45%, 23%, 28%, 40%, 10%, 8%, 14.08668%, 4.99971%, 2.99903%, 0.49991%, 0.50417% and 0.49998%, respectively. As of February 28, 2017, total number of outstanding ADSs was 1,072,193,632 after 75,641,573 were redeemed.

Note 3:

All fees and expenses such as underwriting fees, legal fees, listing fees and other expenses related to issuance of ADSs were borne by the selling shareholders, while maintenance expenses such as annual listing fees and accountant fees were borne by TSMC.

Note 4:

All fees and expenses such as underwriting fees, legal fees, listing fees and other expenses related to issuance of ADSs were borne proportionately by TSMC and the selling shareholders, while maintenance expenses such as annual listing fees and accountant fees were borne by TSMC.

Note 5:

Adjusted for cash dividend paid in 2016.