United Microelectronics Crosses NT$300 Million Threshold in Share Buyback
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An update from United Micro ( (UMC) ) is now available.
On May 11, 2026, United Microelectronics Corporation disclosed that its ongoing share repurchase program had surpassed NT$300 million in cumulative value, reaching NT$391.86 million with 4,166,000 common shares recently bought back at an average price of NT$94.06. This brought total treasury shares held during the repurchase period to 8,332,000, or about 0.07% of shares outstanding, while a separate April report showed no trading, pledging, or clearing of pledged UMC shares by directors, executives, or 10% shareholders, indicating limited insider activity alongside the buyback initiative.
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 is a Taiwan-based semiconductor foundry that manufactures integrated circuits and related products for global electronics customers. The company focuses on contract chip production for a broad range of applications and competes in the international foundry market through its listing on the New York Stock Exchange under the ticker UMC.
Average Trading Volume: 10,205,552
Technical Sentiment Signal: Buy
Current Market Cap: $36.56B
For an in-depth examination of UMC stock, go to TipRanks’ Overview page.
