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Taiwan Semiconductor Manufacturing Company Ltd. $TSM Shares Sold by M&T Bank Corp
M&T Bank Corp reduced its holdings in Taiwan Semiconductor Manufacturing Company Ltd. by 74.8% in the fourth quarter, selling 247,908 shares. TSMC reported strong Q4 earnings with $3.11 EPS and revenue of $30.65 billion, maintaining a ‘Buy’ consensus analyst rating and a $404.29 target price. The company also declared a quarterly dividend of $0.9503, with an ex-dividend date of June 11th.