ChipMOS ANNOUNCES NT$525 MILLION SHARE REPURCHASE PROGRAM
ChipMOS Technologies (NASDAQ: IMOS) has announced a new share repurchase program worth NT$525 million (approximately US$16.4 million). The company plans to repurchase up to 15 million shares, representing about 2.06% of its issued share capital, from the Taiwan Stock Exchange open market.
The repurchase will occur between May 14 to July 13, 2025, with a price range of NT$18.87 to NT$35.00 per share. The program will continue even if the stock price falls below this range. Chairman S.J. Cheng cited the company's strong balance sheet and long-term fundamentals as drivers for this decision, viewing the current share price as an attractive investment opportunity due to market dislocation.
ChipMOS Technologies (NASDAQ: IMOS) ha annunciato un nuovo programma di riacquisto di azioni del valore di 525 milioni di NT$ (circa 16,4 milioni di dollari USA). L'azienda prevede di riacquistare fino a 15 milioni di azioni, pari a circa il 2,06% del capitale sociale emesso, sul mercato aperto della Borsa di Taiwan.
Il riacquisto avverrà tra il 14 maggio e il 13 luglio 2025, con un prezzo compreso tra 18,87 e 35,00 NT$ per azione. Il programma proseguirà anche se il prezzo delle azioni scenderà al di sotto di questa fascia. Il presidente S.J. Cheng ha citato la solida situazione patrimoniale e i fondamentali a lungo termine dell’azienda come motivazioni di questa decisione, considerando il prezzo attuale delle azioni un’opportunità di investimento interessante a causa della dislocazione del mercato.
ChipMOS Technologies (NASDAQ: IMOS) ha anunciado un nuevo programa de recompra de acciones por un valor de 525 millones de NT$ (aproximadamente 16,4 millones de dólares estadounidenses). La compañía planea recomprar hasta 15 millones de acciones, lo que representa aproximadamente el 2,06% de su capital social emitido, en el mercado abierto de la Bolsa de Valores de Taiwán.
La recompra se realizará entre el 14 de mayo y el 13 de julio de 2025, con un rango de precio de 18,87 a 35,00 NT$ por acción. El programa continuará incluso si el precio de las acciones cae por debajo de este rango. El presidente S.J. Cheng citó la sólida situación financiera y los fundamentos a largo plazo de la empresa como impulsores de esta decisión, considerando el precio actual de las acciones como una oportunidad de inversión atractiva debido a la desalineación del mercado.
ChipMOS Technologies (NASDAQ: IMOS)는 약 1,640만 미국 달러에 해당하는 5억 2,500만 NT$ 규모의 새로운 자사주 매입 프로그램을 발표했습니다. 회사는 대만 증권거래소 공개 시장에서 발행 주식의 약 2.06%에 해당하는 1,500만 주까지 자사주를 매입할 계획입니다.
매입 기간은 2025년 5월 14일부터 7월 13일까지이며, 주당 가격 범위는 18.87 NT$에서 35.00 NT$ 사이입니다. 주가가 이 범위 아래로 떨어져도 프로그램은 계속됩니다. S.J. Cheng 회장은 회사의 견고한 재무 상태와 장기적인 펀더멘털을 이번 결정의 배경으로 꼽으며, 현재 주가가 시장 혼란으로 인해 매력적인 투자 기회라고 평가했습니다.
ChipMOS Technologies (NASDAQ : IMOS) a annoncé un nouveau programme de rachat d’actions d’une valeur de 525 millions de NT$ (environ 16,4 millions de dollars US). La société prévoit de racheter jusqu’à 15 millions d’actions, soit environ 2,06 % de son capital social émis, sur le marché ouvert de la Bourse de Taïwan.
Le rachat aura lieu entre le 14 mai et le 13 juillet 2025, avec une fourchette de prix comprise entre 18,87 et 35,00 NT$ par action. Le programme se poursuivra même si le cours de l’action descend en dessous de cette fourchette. Le président S.J. Cheng a cité la solidité financière de l’entreprise et ses fondamentaux à long terme comme moteurs de cette décision, estimant que le cours actuel représente une opportunité d’investissement attrayante en raison de la désorganisation du marché.
ChipMOS Technologies (NASDAQ: IMOS) hat ein neues Aktienrückkaufprogramm im Wert von 525 Millionen NT$ (ca. 16,4 Millionen US-Dollar) angekündigt. Das Unternehmen plant, bis zu 15 Millionen Aktien zurückzukaufen, was etwa 2,06 % des ausgegebenen Aktienkapitals entspricht, über den offenen Markt der Taiwan Stock Exchange.
Der Rückkauf findet im Zeitraum vom 14. Mai bis 13. Juli 2025 statt, mit einer Preisspanne von 18,87 bis 35,00 NT$ pro Aktie. Das Programm wird fortgesetzt, selbst wenn der Aktienkurs unter diese Spanne fällt. Vorsitzender S.J. Cheng nannte die starke Bilanz und die langfristigen Fundamentaldaten des Unternehmens als Gründe für diese Entscheidung und sieht den aktuellen Aktienkurs aufgrund der Marktverwerfungen als attraktive Investitionsmöglichkeit.
- Board authorized NT$525 million (US$16.4 million) for share repurchases
- Company reports strong balance sheet and positive long-term fundamentals
- Buyback represents 2.06% of issued share capital, showing significant commitment to shareholder value
- Share price experiencing dislocation in the market, indicating recent stock weakness
- Program allows purchases below minimum price range, suggesting potential further stock decline
HSINCHU, May 13, 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
Under the program, the company will repurchase up to 15 million shares from the open market on the Taiwan Stock Exchange, approximately
S.J. Cheng, Chairman and President of ChipMOS, said, "Our strong balance sheet and long-term fundamentals give us confidence in our business, which is reflected in the new share repurchase authorization by the Board of Directors. This is in-line with our capital allocation strategy and view that our shares represent a highly compelling investment opportunity given the recent share price dislocation in the market. We continue focus on supporting our customers and executing on the longer-term, strategic initiatives that will help drive our growth and leadership success."
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
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 tariffs, government policies, global trade environments, pricing, plans, objectives and expectations 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, due to various factors. 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
Contacts:
In Jesse Huang ChipMOS TECHNOLOGIES INC. +886-6-5052388 ext. 7715 | In the David Pasquale Global IR Partners +1-914-337-8801 |
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SOURCE ChipMOS TECHNOLOGIES INC.
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