ChipMOS(IMOS) Prnewswire·2025-01-21 11:00Core Viewpoint - ChipMOS Technologies Inc. has announced a share repurchase program totaling up to NT10.7 million), reflecting the company's belief that its shares are undervalued and represent a compelling investment opportunity [1][3]. Group 1: Share Repurchase Program - The company will repurchase up to 10,000,000 shares, which is about 1.38% of its issued share capital, from the open market on the Taiwan Stock Exchange [2]. - The repurchase will occur within a price range of NT35.00 per share, and the buyback will continue even if the stock price falls below this range [2]. - The authorized period for the repurchase program is from January 22 to March 21, 2025 [2]. Group 2: Company Strategy and Outlook - The Chairman and President of ChipMOS stated that the repurchase aligns with the company's capital allocation strategy and reflects confidence in its financial performance and growth initiatives [3]. - The company aims to build long-term shareholder value through strategic initiatives that drive continued growth and leadership success [3]. Group 3: Company Overview - ChipMOS Technologies Inc. is a leading provider of outsourced semiconductor assembly and test services, with advanced facilities located in Hsinchu Science Park, Hsinchu Industrial Park, and Southern Taiwan Science Park [4]. - The company serves a wide range of clients, including fabless semiconductor companies, integrated device manufacturers, and independent semiconductor foundries, catering to virtually all end markets worldwide [4].