Taiwan Semiconductor Manufacturing Adr has split its stock 10 times since its initial public offering (IPO). The first stock split occurred on May 15, 2000 with the ratio of 32-for-25, meaning that for 25 shares of TSM owned pre-split, shareholders then owned 32 shares. 9 more splits have been implemented since then. The most recent stock split took place on July 15, 2009 on a 201-for-200 basis.
These splits have increased TSM stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that these actions only change the number of shares and the price per share with no impact on Taiwan Semiconductor Manufacturing Adr's total market capitalization.
For more detailed information of Taiwan Semiconductor Manufacturing Adr's stock splits, view the table below:
The answer will depend on the decisions of the company's managers and market volatility. Taiwan Semiconductor Manufacturing Adr has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when TSM stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Taiwan Semiconductor Manufacturing Adr's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
