LCD driver IC packaging and testing house Chipbond Technology has announced plans to repurchase 10 million, or 1.68%, of the company's outstanding shares, at between NT$22 (US$0.73) and NT$38 per unit through December 30. The move is aimed at protecting corporate value and the interests of shareholders.

Chipbond shares closed at NT$30.10 on November 3, up NT$0.45 or 1.5%.