Advanced Semiconductor Engineering, Inc. Announces ASE Test Limited Share Purchase Program
Monday March 1, 3:59 am ET
TAIPEI, Taiwan, March 1 /PRNewswire-FirstCall/ -- Advanced Semiconductor Engineering, Inc. (''ASE Inc.'') (NYSE: ASX, TAIEX: 2311) announced today that it intends to commence purchase, from time to time, of ordinary shares of ASE Test Limited (''ASE Test''), up to an aggregate purchase price of US$15,000,000. The purchases will be made through a wholly-owned subsidiary of ASE Inc. in open market transactions on Nasdaq.
The Board of Directors of the subsidiary of ASE Inc. has authorized additional purchases of ordinary shares of ASE Test, from time to time in the open market, up to an aggregate purchase price of US$15,000,000. The actual size of the share purchase program, the timing of any open market purchases and the aggregate number of shares to be purchased will depend on market conditions and ASE Inc. may determine not to make any such purchases if market conditions so warrant.
ASE, Inc.
Joseph Tung, CFO / Vice President
Freddie Liu, Financial Controller
Tel: + 886-2-8780-5489
Fax: + 886-2-2757-6121
ir@aseglobal.com
aseglobal.com |
