68.9 F
New York
Thursday, June 30, 2022

Himax [NASDAQ: HIMX] Launch Share Purchase Plan

Must read

Himax Technologies, Inc. [NASDAQ: HIMX] disclosed that it has launched a share Purchase Plan. The company confirmed that its Chairman Dr. Biing-Seng Wu is planning to make use of his own personal funds to acquire up to around $10 million of the Company’s American Depositary Shares (ADSs) in the open market, dependent on market conditions and other factors.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free.


It has been disclosed that Dr. Biing-Seng Wu beneficially holds around 21.4% of the total outstanding shares of the Company as of September 30, 2021. Furthermore, Dr. Biing-Seng Wu’s share purchase plan will be completed in line with the manner, timing, price, and volume conditions of Rule 10b5-1 and Rule 10b-18 of the Securities Exchange Act of 1934.

Moreover, the share purchase plan highlights the management’s enormous confidence in the Company’s long-term prospects. Shares of Himax Technologies, Inc. [NASDAQ: HIMX] plunged -1.66% during the pre-market trading session of Friday. In addition, the company has a total market capitalization of $1.79 billion at the time of writing.

About Himax

Himax Technologies, Inc. has earned a reputation as a provider of fabless semiconductor solutions focused on display imaging processing technologies. Himax is a dominant player in display driver integrated circuits (ICs) and timing controllers used in TVs, laptops, monitors, mobile phones, tablets, automotive. Moreover, it is also used in digital cameras, car navigation, virtual reality (VR) devices, and many other consumer electronics devices.

More articles

Latest article



Download Free eBook For

The 5 Best Growth Stocks 2022

100% free. stop anytime no spam