UMC to buy back shares worth NT$15.5 billion

Press release; Tsering Namgyal, DIGITIMES Asia Wednesday 5 March 2003 0

United Microelectronics Corporation (UMC), the world’s second-largest supplier of made-to-order chips, plans to buy back up to NT$15.5 billion (about US$447 million) of its shares and give them to employees as bonuses.

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