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Pennybuster

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Pennybuster

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Tuesday, 10/28/2014 4:59:34 PM

Tuesday, October 28, 2014 4:59:34 PM

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$GIGM


Purchase of GigaMedia shares by CEO Collin Hwang

The company has been informed by its Chief Executive Officer Collin Hwang that he purchased a total of 365,000 shares of GigaMedia stock at an average price of $0.99 on October 27, 2014. The purchases were made during an open window period and in full compliance with all company and legal guidelines. Mr. Hwang indicated his decision to purchase shares reflects his firm belief that the company’s shares are undervalued.

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