UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
September 6, 2011
AMKOR TECHNOLOGY, INC.
(Exact name of registrant as specified in its charter)
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| DELAWARE
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000-29472
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23-1722724 |
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(State or Other Jurisdiction of
Incorporation)
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(Commission File Number)
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(IRS Employer
Identification No.) |
1900 SOUTH PRICE ROAD
CHANDLER, AZ 85286
(Address of Principal Executive Offices, including Zip Code)
(480) 821-5000
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 8.01. Other Events.
On September 6, 2011, Amkor Technology, Inc. (the “Company”) adopted a written trading plan under Rule 10b5-1 of
the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The Company implemented this written trading
plan in connection with its $150 million stock repurchase program, which was authorized by the Company’s Board of Directors and
announced on August 30, 2011. Purchases under this written trading plan will not be implemented before September 9,
2011. Adopting a trading plan that satisfies the conditions of Rule 10b5-1 allows a company to repurchase its stock at
times when it might otherwise be prevented from doing so due to self-imposed trading blackout periods or pursuant to
insider trading laws. A broker selected by the Company will have the authority under the terms and limitations specified
in the plan to repurchase stock on the Company’s behalf in
accordance with the terms of the plan. The plan permits the broker to
make repurchases with a dollar value up to the authorized amount
under the stock repurchase program, less the dollar value of
repurchases made outside of the plan. Because repurchases
under the plan will be subject to specified parameters as established in the plan, there can be no assurance regarding the
number of shares, if any, that will be repurchased pursuant to the plan, and the Company may discontinue repurchases at
any time. After the expiration of the current trading plan, the Company may from time to time enter into subsequent
trading plans under Rule 10b5-1 to facilitate the repurchase of its common stock pursuant to its stock repurchase program.
Following the announcement of the authorization of the stock repurchase program, the Company made various
discretionary repurchases of its shares in open-market transactions and the Company expects to continue making
discretionary repurchases in the open market or in privately negotiated transactions from time to time. The timing, manner,
price and amount of any repurchases will be determined by the Company at its discretion and will depend upon a variety
of factors including economic and market conditions, price, applicable legal requirements and other factors. Information
regarding stock repurchases will be available in the Company’s periodic reports on Form 10-Q and 10-K filed with the
Securities and Exchange Commission as required by the applicable rules of the Exchange Act.
This Report contains forward-looking statements within the meaning of federal securities laws. All statements other than
statements of historical fact are considered forward-looking statements including, without limitation, statements regarding
the Company’s written trading plan, stock repurchase plan and the repurchase of shares in the future. These
forward-looking statements involve a number of risks, uncertainties, assumptions and other factors that could affect future
results and cause actual results and events to differ materially from historical and expected results and those expressed or
implied in the forward-looking statements. Important risk factors that could affect the outcome of the events set forth in
these statements and that could affect our operating results and financial condition are discussed in our Annual Report on
Form 10-K for the year ended December 31, 2010, and in our subsequent filings with the SEC made prior to or after the
date hereof. The Company undertakes no obligation to review or update any forward-looking statements to reflect
events or circumstances occurring after the date of this Report.