Taiwan Semiconductor Manufacturing (TPE:2330), or TSMC, unit TSMC Global acquired corporate bonds worth $26.8 million, according to a Thursday Taiwan Exchange filing.
Shares rose over 4% in Friday's late morning trade.
The purchase involved 270,000 units priced at $99.36 each, as part of the group's fixed income investment strategy.
Following the transaction, TSMC's cumulative holdings of the bonds reached about $209.7 million.
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