ChipMOS SHAREHOLDERS APPROVE CASH DIVIDEND DISTRIBUTION OF NT$2.20 PER COMMON SHARE OR APPROXIMATELY US$1.58 PER ADS; COMPANY SETS DIVIDEND RECORD & DISTRIBUTION DATE
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) announced a cash dividend of NT$2.20 (approximately US$1.58) per common share, approved by shareholders at the AGM on July 12, 2021. The dividend will be paid from earnings, with the declaration date set for July 20, 2021. Key dates include the ex-dividend date on August 6, 2021, and the dividend distribution date on September 8, 2021. The final dollar amount will be confirmed by Citibank NA after tax deductions.
- Cash dividend approved, demonstrating strong earnings and shareholder value enhancement.
- Concerns about potential cash reserve impact due to dividend distribution.
HSINCHU, July 21, 2021 /PRNewswire-FirstCall/ -- ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT"), announced its shareholders approved a cash dividend distribution of NT
- Type of Distribution: Cash Dividend
- Declaration Date: July 20, 2021
- Ex-Dividend Date: August 6, 2021
- ADR Dividend Record Date: August 9, 2021
- ADR Dividend Distribution Date: September 8, 2021
- ADR books will be closed from August 5, 2021 to August 13, 2021
- The final dividend amount to be distributed in the United States Dollars will be determined by the Depositary, Citibank NA, once it receives the distribution from the Company on August 31, 2021, converts the amount from New Taiwan Dollars into United States Dollars and deducts appropriate taxes and fees.
Questions regarding the dividend distribution may be directed to Tiffany Ma at Citibank, N.A. (Tel: +1-973-461-5734; email: tiffany.ma@citi.com).
About ChipMOS TECHNOLOGIES INC.:
ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS) (https://www.chipmos.com) is an industry leading provider of outsourced semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in Taiwan, ChipMOS provide assembly and test services to a broad range of customers, including leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries.
Forward-Looking Statements
This press release may contain certain forward-looking statements. These forward-looking statements may be identified by words such as 'believes,' 'expects,' 'anticipates,' 'projects,' 'intends,' 'should,' 'seeks,' 'estimates,' 'future' or similar expressions or by discussion of, among other things, strategy, goals, plans or intentions. These statements may include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. Actual results may differ materially in the future from those reflected in forward-looking statements contained in this document, due to various factors, including the ongoing impact of COVID-19. Further information regarding these risks, uncertainties and other factors are included in the Company's most recent Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the "SEC") and in the Company's other filings with the SEC.
Contacts: In Taiwan Jesse Huang ChipMOS TECHNOLOGIES INC. +886-6-5052388 ext. 7715 |
In the U.S. David Pasquale Global IR Partners +1-914-337-8801 |
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