ChipMOS Technologies announced it would effect a new $10M share repurchase program in compliance with Rule 10b5-1 and Rule 10b-18 under the Securities Exchange Act of 1934, as amended. The company's Board of Directors on Aug. 10 authorized the management to commence evaluation of a new share repurchase plan to replace the existing share repurchase plan adopted in November 2011. The existing share repurchase plan will be terminated effective Aug. 20.
Happy demi-anniversary, stock market rally. Will the honeymoon ever end?