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-0.00029228247194726 -8.89555349405269E-05 -0.00124537748916651 -0.000571857010331608 0.00095309501721925 0.00095309501721925 0.00095309501721925 0.00095309501721925
Stock impact report

TSMC Dumps Arm Stake in $231 Million Exit Move [Yahoo! Finance]

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) 
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm Check Earnings Report
Company Research Source: Yahoo! Finance
and no longer owns shares in the British chip designer after a two-day sale through a subsidiary, according to a Wednesday filing. TSMC Partners sold 1.11 million Arm shares between April 28 and 29 at $207.65 each, bringing in about $231 million. TSMC said the disposal was part of a wider equity investment exit plan tied to portfolio trimming. Warning! GuruFocus has detected 8 Warning Signs with WBD. Is TSM fairly valued? Test your thesis with our free DCF calculator. The sale will reduce retained earnings by $174 million. TSMC originally bought about $100 million of Arm stock at Arm's 2023 listing, and it had already pared that position in 2024 with a smaller share sale. TSMC's exit comes as the chipmaker continues to manage its investment book while focusing on its core manufacturing business. Show less Read more
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