ChipMOS to repurchase 3.3% ownership from SPIL ChipMOS announced entry into a Share Purchase Agreement for repurchase of 1,000,000 shares or 3.3% ownership of outstanding shares of ChipMOS held by Siliconware Precision Industries. The repurchase of the shares is expected to be consummated before September 30. After the repurchase transaction, ChipMOS anticipates it will have approximately 28.8M outstanding shares, as compared to 29.8M based on number of shares outstanding as at June 30. Under the SPA executed by ChipMOS and SPIL, the purchase price of the shares will reflect a 7% discount.
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