ChipMOS ANNOUNCES NT$480 MILLION SHARE REPURCHASE PROGRAM

Rhea-AI Summary

ChipMOS Technologies (NASDAQ:IMOS), a leading semiconductor assembly and test services provider, has announced a new share repurchase program of up to NT$480 million (US$15.7 million). The company plans to repurchase up to 15 million shares, representing approximately 2.09% of its issued share capital, from the Taiwan Stock Exchange.

The repurchase program will run from September 3 to November 2, 2025, with shares to be purchased at prices between NT$16.80 and NT$32.00 per share. Chairman and President S.J. Cheng emphasized that this decision aligns with their capital allocation strategy and reflects their belief that the company's shares are currently undervalued.

Positive

• Share repurchase program of NT$480 million (US$15.7 million) demonstrates confidence in company's value
• Buyback represents 2.09% of issued share capital, potentially improving shareholder value
• Management views shares as undervalued, indicating potential upside opportunity

Negative

• Significant cash outlay of NT$480 million may impact available funds for operations or growth initiatives

News Market Reaction

-3.34% 2.2x vol

12 alerts

-3.34% News Effect

+2.1% Peak in 6 hr 51 min

-$21M Valuation Impact

$604M Market Cap

2.2x Rel. Volume

On the day this news was published, IMOS declined 3.34%, reflecting a moderate negative market reaction. Argus tracked a peak move of +2.1% during that session. Our momentum scanner triggered 12 alerts that day, indicating notable trading interest and price volatility. This price movement removed approximately $21M from the company's valuation, bringing the market cap to $604M at that time. Trading volume was elevated at 2.2x the daily average, suggesting increased selling activity.

Data tracked by StockTitan Argus on the day of publication.

HSINCHU, Sept. 2, 2025 /PRNewswire-FirstCall/ -- ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT"), today announced that its Board of Directors authorized a new share repurchase program with the total amount up to NT$480 million (approximately US$15.7 million, based on the exchange rate of NT$30.59 to US$1.00 as of August 29, 2025).

Under the program, the company will repurchase up to 15 million shares from the open market on the Taiwan Stock Exchange, approximately 2.09% of its issued share capital. 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, said, "The Board's authorization of our latest share repurchase is inline with our capital allocation strategy and reflects our conviction that our shares are undervalued and represent a highly compelling investment opportunity. This move underscores our confidence in the long-term strength of our business as we continue to focus on supporting our customers, and our commitment to build long-term shareholder value."

About ChipMOS TECHNOLOGIES INC.:

ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS) (www.chipmos.com) is an industry leading provider of outsourced semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in Taiwan, ChipMOS is known for its track record of excellence and history of innovation. 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.

Forward-Looking Statements:

This press release may contain certain forward-looking statements. These forward-looking statements may be identified by words such as 'believes,' 'expects,' 'anticipates,' 'projects,' 'intends,' 'should,' 'seeks,' 'estimates,' 'future' or similar expressions or by discussion of, among other things, strategies, goals, plans or intentions. These statements may include financial projections and estimates and their underlying assumptions, statements regarding current macroeconomic conditions, including the impacts of high inflation, foreign exchange rates and risk of recession, on demand for our products, consumer confidence and financial markets generally; changes in trade regulations, policies, and agreements and the imposition of tariffs that affect our products or operations, including potential new tariffs that may be imposed and our ability to mitigate with respect to future operations, products and services, and statements regarding future performance. Actual results may differ materially in the future from those reflected in forward-looking statements contained in this document, based on a number of important factors and risks, which are more specifically identified in the Company's most recent U.S. Securities and Exchange Commission (the "SEC") filings. Further information regarding these risks, uncertainties and other factors are included in the Company's most recent Annual Report on Form 20-F filed with the SEC and in its other filings with the SEC.

Contacts:

In Taiwan Jesse Huang ChipMOS TECHNOLOGIES INC. +886-6-5052388 ext. 7715 IR@chipmos.com

In the U.S. David Pasquale Global IR Partners +1-914-337-8801 dpasquale@globalirpartners.com

View original content:https://www.prnewswire.com/news-releases/chipmos-announces-nt480-million-share-repurchase-program-302543437.html

SOURCE ChipMOS TECHNOLOGIES INC.

FAQ

What is the size of ChipMOS (IMOS) share repurchase program announced in September 2025?

ChipMOS announced a share repurchase program of up to NT$480 million (US$15.7 million), targeting up to 15 million shares, approximately 2.09% of its issued share capital.

What is the price range for IMOS stock buyback program?

ChipMOS will repurchase shares at prices between NT$16.80 and NT$32.00 per share on the Taiwan Stock Exchange.

When will ChipMOS (IMOS) share repurchase program take place?

The share repurchase program will run from September 3 to November 2, 2025.

Why did ChipMOS announce a share buyback program in 2025?

ChipMOS initiated the buyback program because management believes the shares are undervalued and represent a compelling investment opportunity, aligning with their capital allocation strategy and commitment to building long-term shareholder value.

How many shares will ChipMOS (IMOS) repurchase under the 2025 program?

ChipMOS will repurchase up to 15 million shares, which represents approximately 2.09% of its issued share capital.