Hsinchu, Taiwan, MAY 15, 2001 --Taiwan Semiconductor Manufacturing Company Ltd. (TSMC or the “Company”) (NYSE: TSM) today held the shareholders’ meeting at which the shareholders approved the distribution of a stock dividend of NT$4.0 per Common Share.
Ms. K. C. Chen, TSMC spokesperson, stated that other major conclusions of this shareholders’ meeting are as followed:
Shareholders approved financial statements for 2000. Net sales for 2000 were NT$ 166,228 million, and net income was NT$ 65,106 million, with earnings per share of NT$5.71. Shareholders approved the capitalization of dividends and employee profit sharing to be distributed from fiscal year 2000 profits and capital reserves. The paid-in capital of the Company shall become NT$ 181,325,530,510 (including16,832,553,051 common shares and 1.3 billion preferred shares).