TSMC disposes of more Taiwan Mobile shares

Taiwan Semiconductor Manufacturing Company (TSMC) released a total of five million Taiwan Mobile shares at a per unit price of NT$103.75 (US$2.94) between February 24 and 27, according to a February 27 company filing with the Taiwan Stock Exchange (TSE).

Earlier last month, TSMC announced its first disposal of Taiwan Mobile shares with a per unit price of NT$103.66. The foundry player has released a total of eight million Taiwan Mobile shares totaling NT$829.74 million so far this year.

TSMC's recognized gain is estimated to be NT$29.74 million.