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CHIPMOS TECHNOLOGIES INC 6-K Analysis & Summary – 3/14/2025

⚠️This is not investment advice.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️

ChipMOS TECHNOLOGIES INC.

Filing date:

03/14/2025

TLDR:

ChipMOS Technologies Inc. announces the completion of its share repurchase program, buying back 10,000,000 shares for NTD 321,704,845.

ELI5:

ChipMOS, a tech company, bought back 10 million of its own shares, which is like the company investing in itself. This can make the remaining shares more valuable.

Accession #:

0000950170-25-039105

Published on

Analyst Summary

  • ChipMOS Technologies Inc. completed its share repurchase program on March 14, 2025.
  • The company repurchased 10,000,000 shares within the period from February 3, 2025, to March 14, 2025.
  • The total monetary amount spent on the repurchase was NTD 321,704,845.
  • The average repurchase price per share was NTD 32.17.
  • The repurchased shares represent 1.38% of the company’s total issued shares.
  • The original plan was to repurchase shares between January 22, 2025 and March 21, 2025, with a price range of NTD 21.18 to NTD 35.00.

Potential Implications

Stock Price

  • The completed share repurchase program may have a positive impact on the stock price due to reduced outstanding shares and increased earnings per share.
  • The repurchase signals management’s confidence in the company’s future prospects, potentially attracting investors.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️