ChipMOS Technologies Announces New Share Repurchase Program

ChipMOS Technologies, a leading provider of outsourced semiconductor assembly and test services, has announced a new share repurchase program with a total amount of up to NT$480 million (approximately US$15.7 million). Under the program, the company will repurchase up to 15 million shares from the open market on the Taiwan Stock Exchange, representing approximately 2.09% of its issued share capital. This move is part of the company's capital allocation strategy and reflects its confidence in the long-term strength of its business.

Key Takeaways:

• The new share repurchase program has a total amount of up to NT$480 million (approximately US$15.7 million) and will repurchase up to 15 million shares from the open market on the Taiwan Stock Exchange.
• The shares can be repurchased in the price range of NT$16.80 or lower and up to NT$32.00 per share.
• The authorization repurchase program period is from September 3 to November 2, 2025.
• S.J. Cheng, Chairman and President of ChipMOS, expressed confidence in the long-term strength of the company's business and its commitment to building long-term shareholder value.
• The company provides end-to-end assembly and test services to leading fabless semiconductor companies, integrated device manufacturers, and independent semiconductor foundries serving virtually all end markets worldwide.

Statistics:

• Up to 15 million shares will be repurchased from the open market on the Taiwan Stock Exchange, representing approximately 2.09% of issued share capital.
• The total amount of the new share repurchase program is up to NT$480 million (approximately US$15.7 million).
• The price range for repurchasing shares is NT$16.80 or lower and up to NT$32.00 per share.
• The authorization repurchase program period is from September 3 to November 2, 2025.

Sources:

• ChipMOS TECHNOLOGIES INC. (Taiwan Stock Exchange: and Nasdaq: IMOS) ( )
• PRNewswire-FirstCall