Taiwan TSMC board to decide tomorrow details of shr buyback from Philips -report |
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Published
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Mon, 12 Nov 2007 01:49
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TAIPEI (XFN-ASIA) - Taiwan Semiconductor Manufacturing Co Ltd (2330.TW) will hold a board meeting tomorrow to decide on details regarding buyback of shares from Royal Philips Electronics NV, the Economic Daily News reported, without naming sources.TSMC has indicated a plan to buy back about 2.85 pct stake from Philips by end of this year.The Taiwan firm said last month that it plans to spend 1.5 bln usd on buying back shares from Philips this year.adela.lin@afxasia.com-xfnal/xfnrcCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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ROUNDUP - Taiwan's TSMC Q3 net profit up vs Q2 on strong demand; down yr-on-yr 