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ChipMOS TECHNOLOGIES (Bermuda) LTD. Message Board

  • bamajoe20715 bamajoe20715 Dec 22, 2012 4:35 PM Flag

    How would you like to read this press release from IMOS

    Because the Board of Directors of IMOS considers the company significantly undervalued,we have authorized management to immediately institute a buy back program in the amount of 8 million dollars.Pursuant to such program, management, in its discretion,is authorized to purchase IMOS stock in the open market, from time to time, untill the buy back is completed.This Board action,togeather with the recent dividend,is in keeping with our stated objective of creating shareholder value.At the completion of this buy back,the Board will consider further buy backs,if appropriate.

 
IMOS
24.75+0.51(+2.10%)Jul 21 3:59 PMEDT

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