ChipMOS Technologies (IMOS) has released an update.
ChipMOS Technologies has announced the successful completion of a capital reduction for its subsidiary, ChipMOS TECHNOLOGIES (BVI) LTD., which has resulted in a decrease in both paid-in capital and total outstanding shares, and a subsequent change in net worth per share. The paid-in capital has been reduced from NT$5,973,322,450 to NT$2,987,370,850, with outstanding shares decreasing to 1,262,005,475 from 2,413,992,975, affecting the net worth per share from NT$1.76 to NT$1.01 based on the financial statements as of December 31, 2023.
For further insights into IMOS stock, check out TipRanks’ Stock Analysis page.