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DIVIDEND ALERT: US$2.876 CASH DIVIDEND PRE-WITHHOLDING TAX AND FEES TO BE DISTRIBUTED TO ChipMOS ADS HOLDERS

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ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) announced a cash dividend of US$2.876 per ADS, set for distribution on July 27, 2022. Post-withholding tax and depositary fees, ADS holders will receive approximately US$2.252. The Company provides outsourced semiconductor assembly and test services, maintaining a strong presence in Taiwan's tech industry. Shareholders are encouraged to check with brokers for receipt of payments. For more details, inquiries can be directed to Citibank, N.A.

Positive
  • Announcement of a cash dividend of US$2.876 per ADS, indicating strong cash flow and shareholder returns.
  • Continued operation in a leading position in the semiconductor assembly and test services industry.
Negative
  • None.

HSINCHU, July 21, 2022 /PRNewswire/ -- 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 a US$2.876 per ADS cash dividend (or approximately US$2.252 per ADS after the Taiwan withholding tax and Citibank, N.A.'s depositary fees) will be distributed on July 27, 2022.

ADS holders are encouraged to check with their securities brokers for receipt of dividend payments. Questions may be directed to Citibank, N.A.'s Tiffany Ma (+1-973-461-5734 or 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 is known for its track record of excellence and history of innovation. The Company provides end-to-end assembly and test services to leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries serving virtually all end markets worldwide.

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, strategies, 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

IR@chipmos.com

 

In the U.S.

David Pasquale

Global IR Partners

+1-914-337-8801

dpasquale@globalirpartners.com

 

Cision View original content:https://www.prnewswire.com/news-releases/dividend-alert-us2-876-cash-dividend-pre-withholding-tax-and-fees-to-be-distributed-to-chipmos-ads-holders-301590652.html

SOURCE ChipMOS TECHNOLOGIES INC.

FAQ

When will ChipMOS distribute the cash dividend for IMOS?

ChipMOS will distribute the cash dividend on July 27, 2022.

What is the amount of the cash dividend for IMOS shareholders?

The cash dividend is US$2.876 per ADS, approximately US$2.252 after withholding tax and fees.

How can IMOS shareholders receive their dividend payments?

Shareholders should check with their securities brokers regarding the receipt of dividend payments.

What is the significance of the cash dividend for IMOS investors?

The cash dividend reflects ChipMOS's strong cash position and commitment to returning value to shareholders.

ChipMOS TECHNOLOGIES INC

NASDAQ:IMOS

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Semiconductors
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United States of America
Hsinchu City