#Taiwan #share buyback #Hsinchu #Semiconductor #ChipMOS

ChipMOS Technologies Announces NT$480 Million Share Repurchase Program

ChipMOS TECHNOLOGIES INC., a prominent player in the outsourced semiconductor assembly and test services sector, has recently made a significant announcement regarding its financial strategy. On September 2, 2025, the company revealed that its Board of Directors has authorized a new share repurchase program amounting to NT$480 million, which is roughly equivalent to US$15.7 million given the exchange rate of NT$30.59 to US$1.00 as of August 29, 2025.

Details of the Buyback Program

Under the newly approved program, ChipMOS plans to repurchase up to 15 million shares from the open market on the Taiwan Stock Exchange, representing approximately 2.09% of its total issued share capital. The shares are set to be repurchased within a price range of NT$16.80 to NT$32.00 each. The program is scheduled to run from September 3 to November 2, 2025.

The Chairman and President, S.J. Cheng, expressed the Board's intent behind this decision by stating that it aligns with their capital allocation strategy. He emphasized their belief that the shares are currently undervalued, thus presenting a compelling investment opportunity. Cheng's comments reflect robust confidence in the company's long-term prospects as they continue to focus on customer support and enhancing shareholder value.

Implications for Shareholders and the Market

This share repurchase initiative is expected to strengthen ChipMOS’s position in the semiconductor industry. The move is significant as it not only symbolizes the firm's commitment to returning value to its shareholders but also underscores management's confidence in the business's stability despite the broader economic challenges.

The semiconductor industry has been navigating fluctuating demand amid rising inflation and shifting technological trends. ChipMOS’s proactive approach to employing a share buyback strategy indicates a solid belief in recovering market conditions and potential growth momentum in the long term.

Investors often view share buybacks favorably, as they can reduce the total number of outstanding shares, potentially increasing future earnings per share and driving up the stock price. As the industry continues to evolve, ChipMOS aims to position itself effectively to capitalize on new opportunities.

About ChipMOS Technologies Inc.

ChipMOS Technologies Inc. (Taiwan Stock Exchange 8150 and Nasdaq IMOS) excels in providing comprehensive semiconductor assembly and test services. With advanced facilities located in Hsinchu Science Park, Hsinchu Industrial Park, and Southern Taiwan Science Park, the company is recognized for its innovation and operational excellence.

ChipMOS serves a wide array of clientele, including leading fabless semiconductor companies, integrated device manufacturers, and independent semiconductor foundries across diverse end markets worldwide. With a commitment to quality and customer satisfaction, ChipMOS continues to strengthen its standing as an industry leader.

In summary, ChipMOS Technologies Inc.'s announcement of a NT$480 million share repurchase program is a strategic move that seeks to enhance shareholder value and reflects the company’s optimism regarding its future in the semiconductor market. As the deadline for buybacks approaches, investors and market analysts alike will be closely observing the impacts of this initiative on share performance and organizational growth over the coming months.