On June 5th, TSMC's board of directors approved a plan to repurchase 3.249 million shares of company stock from June 6th to August 5th to offset the equity dilution effect caused by the issuance of restricted employee rights new shares, with a repurchase price range of NT $598 to NT $1281 per share. TSMC stated that the repurchased shares will be disposed of to protect shareholder rights.