Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
United Micro ( (UMC) ) just unveiled an announcement.
On May 12, 2026, United Microelectronics Corporation reported that the cumulative value of its ongoing share repurchase program had exceeded NT$300 million, triggering a disclosure threshold. As of that date, UMC had bought back 1,919,000 common shares in the latest tranche for about NT$194.9 million at an average price of NT$101.55 per share.
Including previous buybacks in the current repurchase period, UMC now holds 10,251,000 of its own shares, equivalent to roughly 0.08% of total shares outstanding. The scale of the buyback underscores the company’s active use of capital-management tools, which can support earnings per share and signal management’s confidence in the firm’s valuation to investors.
The most recent analyst rating on (UMC) stock is a Hold with a $8.60 price target. To see the full list of analyst forecasts on United Micro stock, see the UMC Stock Forecast page.
Spark’s Take on UMC Stock
According to Spark, TipRanks’ AI Analyst, UMC is a Outperform.
UMC scores well primarily on solid financial health and supportive valuation (low leverage, healthy margins, modest P/E and ~3.17% yield). Technicals are bullish but appear overextended (high RSI/Stoch), and earnings-call guidance highlights near-term margin/utilization headwinds despite a generally constructive growth and mix outlook.
To see Spark’s full report on UMC stock, click here.
More about United Micro
United Microelectronics Corporation (UMC) is a Taiwan-based semiconductor foundry that manufactures integrated circuits on a contract basis for global chip designers. The company focuses on specialty and mature-node manufacturing technologies, serving a broad range of electronics, communications, and industrial applications from its facilities in Hsinchu Science Park.
Average Trading Volume: 10,280,084
Technical Sentiment Signal: Buy
Current Market Cap: $36.53B
Find detailed analytics on UMC stock on TipRanks’ Stock Analysis page.