[6-K] ChipMOS TECHNOLOGIES INC Current Report (Foreign Issuer)
ChipMOS Technologies announced a board-approved open-market repurchase plan to buy up to 15,000,000 common shares (about 2.09% of issued shares) during 2025/09/03–2025/11/02. The stated repurchase price band is NT$16.80–NT$32.00 with purchases to continue even if the market price falls below NT$16.80. The filing notes a reported ceiling of NT$16,214,828,000 and separately lists a maximum total amount of NT$480,000,000 in the board minutes. The company previously repurchased shares in 2025, completing 61% of one scheduled program and 100% of another, and confirmed the buyback will not affect capital maintenance and is supported by a KGI Securities price reasonableness opinion.
ChipMOS Technologies ha annunciato un piano di riacquisto sul mercato approvato dal consiglio per acquistare fino a 15.000.000 azioni ordinarie (circa 2,09% del capitale emesso) nel periodo 2025/09/03–2025/11/02. La fascia di prezzo indicata per il riacquisto è NT$16,80–NT$32,00, con acquisti che proseguiranno anche se il prezzo di mercato scenderà sotto NT$16,80. Il documento segnala un tetto indicato di NT$16.214.828.000 e, nei verbali del consiglio, viene inoltre riportato un importo massimo totale di NT$480.000.000. La società in precedenza ha riacquistato azioni nel 2025, completando il 61% di un programma previsto e il 100% di un altro, e ha confermato che il buyback non intaccherà la conservazione del capitale ed è supportato da un parere di ragionevolezza del prezzo di KGI Securities.
ChipMOS Technologies anunció un plan de recompra en mercado abierto aprobado por la junta para comprar hasta 15.000.000 acciones comunes (aprox. 2,09% de las acciones emitidas) durante 2025/09/03–2025/11/02. El rango de precios establecido para la recompra es NT$16,80–NT$32,00, y las compras continuarán incluso si el precio de mercado cae por debajo de NT$16,80. La presentación nota un tope declarado de NT$16.214.828.000 y, en las actas del consejo, figura por separado un importe total máximo de NT$480.000.000. La compañía ya recompró acciones en 2025, completando el 61% de un programa programado y el 100% de otro, y confirmó que la recompra no afectará la preservación del capital y cuenta con un dictamen de razonabilidad del precio por parte de KGI Securities.
ChipMOS Technologies는 이사회 승인 하에 2025/09/03–2025/11/02 기간 동안 최대 15,000,000 보통주(발행주식의 약 2.09%)를 공개시장 매수하는 계획을 발표했습니다. 공개 매수 가격 범위는 NT$16.80–NT$32.00로 정해졌으며, 시장가격이 NT$16.80 아래로 떨어지더라도 매수는 계속됩니다. 제출서류에는 신고상 한도인 NT$16,214,828,000이 기재되어 있고, 이사회 회의록에는 별도로 총한도 NT$480,000,000이 명시되어 있습니다. 회사는 2025년에 이미 자사주를 매입해 한 예정 프로그램의 61%와 다른 프로그램의 100%를 완료했으며, 이번 매입이 자본유지에 영향을 미치지 않으며 KGI Securities의 가격 적정성 의견을 받았다고 확인했습니다.
ChipMOS Technologies a annoncé un plan de rachat en marché ouvert approuvé par le conseil visant à acquérir jusqu'à 15 000 000 actions ordinaires (environ 2,09% des actions émises) durant la période 2025/09/03–2025/11/02. La fourchette de prix prévue pour le rachat est de NT$16,80–NT$32,00, les achats se poursuivant même si le cours tombe en dessous de NT$16,80. le dossier indique un plafond déclaré de NT$16.214.828.000 et, dans le procès-verbal du conseil, un montant total maximal distinct de NT$480.000.000 est mentionné. La société a déjà procédé à des rachats en 2025, réalisant 61% d’un programme prévu et 100% d’un autre, et a confirmé que l’opération n’affectera pas la préservation du capital, appuyée par un avis de raisonnabilité des prix de KGI Securities.
ChipMOS Technologies hat einen vom Vorstand genehmigten Rückkaufplan für den freien Markt angekündigt, um bis zu 15.000.000 Stammaktien (etwa 2,09% der ausgegebenen Aktien) im Zeitraum 2025/09/03–2025/11/02 zu erwerben. Die angegebene Preisspanne für den Rückkauf liegt bei NT$16,80–NT$32,00; Käufe erfolgen auch dann weiter, wenn der Marktpreis unter NT$16,80 fällt. Die Einreichung vermerkt eine gemeldete Obergrenze von NT$16.214.828.000, während in den Sitzungsprotokollen des Vorstands separat ein maximales Gesamtvolumen von NT$480.000.000 aufgeführt ist. Das Unternehmen hat bereits 2025 Aktien zurückgekauft und dabei 61% eines geplanten Programms und 100% eines anderen abgeschlossen; es bestätigte, dass der Rückkauf die Kapitalerhaltung nicht beeinträchtigt und durch ein Preisangemessenheitsgutachten von KGI Securities gestützt wird.
- Board and audit committee approval obtained with unanimous director consent
- Clear execution period set: 2025/09/03–2025/11/02 and method via centralized market purchases
- Independent price reasonableness opinion provided by KGI Securities
- Repurchase limited to 2.09% of issued shares, indicating a modest, targeted program
- Previous program execution shows management has completed repurchases (one at 100%, one at 61%)
- Inconsistency in reported monetary ceilings: the document lists both NT$16,214,828,000 and NT$480,000,000 without reconciliation
- Past repurchase not fully executed for one program (only 61% completed), indicating potential market-dependent execution risk
- Repurchase continuation below stated floor (company may buy even if price falls below NT$16.80), which could increase dilution risk if conditions worsen
Insights
TL;DR Board-authorized buyback of 15M shares (2.09%) announced; size appears modest relative to total shares and past repurchases were partially executed.
The repurchase schedule and price band indicate flexibility to average purchases over a two-month window, and management authorized the chairman to set execution details. The program size (15,000,000 shares) and the 2.09% cap suggest a targeted, moderate capital return rather than a large-scale capital allocation shift. Historical execution shows one recent program completed fully and another covered 61% of target, implying management uses phased execution tied to market conditions. The filing cites independent price reasonableness and a statement that capital maintenance will not be affected, which are standard governance and solvency disclosures.
TL;DR Governance process completed: audit committee and full board approval with delegated execution authority; documentation includes third-party opinion.
The repurchase was approved unanimously by nine attending directors and cleared by the audit committee, and the board empowered the chairman (and designee) to determine operational details. The filing references a KGI Securities opinion on price reasonableness and an assessment that capital maintenance is preserved, aligning with good-practice controls for buybacks. Note the filing records two different monetary ceilings (NT$16,214,828,000 and NT$480,000,000), which are both stated in the content and should be reconciled in the company record for clarity.
ChipMOS Technologies ha annunciato un piano di riacquisto sul mercato approvato dal consiglio per acquistare fino a 15.000.000 azioni ordinarie (circa 2,09% del capitale emesso) nel periodo 2025/09/03–2025/11/02. La fascia di prezzo indicata per il riacquisto è NT$16,80–NT$32,00, con acquisti che proseguiranno anche se il prezzo di mercato scenderà sotto NT$16,80. Il documento segnala un tetto indicato di NT$16.214.828.000 e, nei verbali del consiglio, viene inoltre riportato un importo massimo totale di NT$480.000.000. La società in precedenza ha riacquistato azioni nel 2025, completando il 61% di un programma previsto e il 100% di un altro, e ha confermato che il buyback non intaccherà la conservazione del capitale ed è supportato da un parere di ragionevolezza del prezzo di KGI Securities.
ChipMOS Technologies anunció un plan de recompra en mercado abierto aprobado por la junta para comprar hasta 15.000.000 acciones comunes (aprox. 2,09% de las acciones emitidas) durante 2025/09/03–2025/11/02. El rango de precios establecido para la recompra es NT$16,80–NT$32,00, y las compras continuarán incluso si el precio de mercado cae por debajo de NT$16,80. La presentación nota un tope declarado de NT$16.214.828.000 y, en las actas del consejo, figura por separado un importe total máximo de NT$480.000.000. La compañía ya recompró acciones en 2025, completando el 61% de un programa programado y el 100% de otro, y confirmó que la recompra no afectará la preservación del capital y cuenta con un dictamen de razonabilidad del precio por parte de KGI Securities.
ChipMOS Technologies는 이사회 승인 하에 2025/09/03–2025/11/02 기간 동안 최대 15,000,000 보통주(발행주식의 약 2.09%)를 공개시장 매수하는 계획을 발표했습니다. 공개 매수 가격 범위는 NT$16.80–NT$32.00로 정해졌으며, 시장가격이 NT$16.80 아래로 떨어지더라도 매수는 계속됩니다. 제출서류에는 신고상 한도인 NT$16,214,828,000이 기재되어 있고, 이사회 회의록에는 별도로 총한도 NT$480,000,000이 명시되어 있습니다. 회사는 2025년에 이미 자사주를 매입해 한 예정 프로그램의 61%와 다른 프로그램의 100%를 완료했으며, 이번 매입이 자본유지에 영향을 미치지 않으며 KGI Securities의 가격 적정성 의견을 받았다고 확인했습니다.
ChipMOS Technologies a annoncé un plan de rachat en marché ouvert approuvé par le conseil visant à acquérir jusqu'à 15 000 000 actions ordinaires (environ 2,09% des actions émises) durant la période 2025/09/03–2025/11/02. La fourchette de prix prévue pour le rachat est de NT$16,80–NT$32,00, les achats se poursuivant même si le cours tombe en dessous de NT$16,80. le dossier indique un plafond déclaré de NT$16.214.828.000 et, dans le procès-verbal du conseil, un montant total maximal distinct de NT$480.000.000 est mentionné. La société a déjà procédé à des rachats en 2025, réalisant 61% d’un programme prévu et 100% d’un autre, et a confirmé que l’opération n’affectera pas la préservation du capital, appuyée par un avis de raisonnabilité des prix de KGI Securities.
ChipMOS Technologies hat einen vom Vorstand genehmigten Rückkaufplan für den freien Markt angekündigt, um bis zu 15.000.000 Stammaktien (etwa 2,09% der ausgegebenen Aktien) im Zeitraum 2025/09/03–2025/11/02 zu erwerben. Die angegebene Preisspanne für den Rückkauf liegt bei NT$16,80–NT$32,00; Käufe erfolgen auch dann weiter, wenn der Marktpreis unter NT$16,80 fällt. Die Einreichung vermerkt eine gemeldete Obergrenze von NT$16.214.828.000, während in den Sitzungsprotokollen des Vorstands separat ein maximales Gesamtvolumen von NT$480.000.000 aufgeführt ist. Das Unternehmen hat bereits 2025 Aktien zurückgekauft und dabei 61% eines geplanten Programms und 100% eines anderen abgeschlossen; es bestätigte, dass der Rückkauf die Kapitalerhaltung nicht beeinträchtigt und durch ein Preisangemessenheitsgutachten von KGI Securities gestützt wird.