ChipMOS TECHNOLOGIES INC. announced that its Board of Directors authorized a new share repurchase program with a total amount of up to NT$480 million, approximately US$15.7 million. This program allows for the repurchase of up to 15 million shares from the open market on the Taiwan Stock Exchange.
The authorized shares represent approximately 2.09% of the company's issued share capital. The repurchase price range is set from NT$16.80 or lower and up to NT$32.00 per share, providing flexibility for execution.
S.J. Cheng, Chairman and President of ChipMOS, stated that this authorization aligns with the company's capital allocation strategy and reflects the conviction that its shares are undervalued. The program period is from September 3 to November 2, 2025, underscoring management's confidence in the long-term strength of the business and commitment to building shareholder value.
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