STOCK TITAN

ASM share buyback update June 10 – 14, 2024

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
buybacks
Rhea-AI Summary

ASM International N.V. announced updates on its share buyback program for the period June 10-14, 2024. The company repurchased a total of 750 shares at an average price of €691.71 per share, amounting to €518,779 in total. This buyback is part of a larger €150 million program initiated on May 15, 2024, with 38.7% of the program completed. ASM International designs and manufactures semiconductor process solutions and is listed on Euronext Amsterdam under the symbol ASM. For more details, visit the company's website.

Positive
  • Repurchased 750 shares between June 10-14, 2024.
  • Average repurchase price was €691.71 per share.
  • Total repurchase value amounted to €518,779.
  • 38.7% of the €150 million share buyback program completed since May 15, 2024.
  • ASM International designs and manufactures semiconductor process solutions.
Negative
  • Repurchase program still has 61.3% to complete, indicating significant capital outlay remains.
  • Current buyback pace may raise questions about future financial liquidity.
  • Share buyback program could be perceived as a lack of better investment opportunities.

Almere, The Netherlands
June 17, 2024, 5:45 p.m. CET

ASM International N.V. (Euronext Amsterdam: ASM) reports the following transactions, conducted under ASM's current share buyback program.

Date Repurchased shares Average price Repurchased value
June 10, 2024 150 € 683.59 € 102,538
June 11, 2024 150 € 694.03 € 104,105
June 12, 2024 150 € 697.12 € 104,568
June 13, 2024 150 € 697.45 € 104,618
June 14, 2024 150 € 686.34 € 102,950
Total 750 € 691.71 € 518,779

These repurchases were made as part of the €150 million share buyback program which started on May 15, 2024. Of the total program, 38.7% has been repurchased. For further details including individual transaction information please visit: www.asm.com/investors/dividends-share-buybacks.

About ASM International

ASM International N.V., headquartered in Almere, the Netherlands, and its subsidiaries design and manufacture equipment and process solutions to produce semiconductor devices for wafer processing, and have facilities in the United States, Europe, and Asia. ASM International's common stock trades on the Euronext Amsterdam Stock Exchange (symbol: ASM). For more information, visit ASM's website at www.asm.com.

This press release contains inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.

Contact

Investor and media relations

Victor Bareño
T: +31 88 100 8500
E: investor.relations@asm.com
 

Investor relations

Valentina Fantigrossi
T: +31 88 100 8502
E: investor.relations@asm.com

Attachment


FAQ

What is the total value of shares ASM International repurchased from June 10-14, 2024?

ASM International repurchased shares worth €518,779 from June 10-14, 2024.

What was the average price per share for ASM International's buyback from June 10-14, 2024?

The average price per share was €691.71 during the buyback period from June 10-14, 2024.

How many shares did ASM International repurchase between June 10-14, 2024?

ASM International repurchased 750 shares between June 10-14, 2024.

What percentage of ASM International's €150 million share buyback program has been completed?

ASM International has completed 38.7% of its €150 million share buyback program.

When did ASM International's current share buyback program start?

ASM International's current share buyback program started on May 15, 2024.

What stock exchange is ASM International listed on?

ASM International is listed on the Euronext Amsterdam Stock Exchange.

What is the ticker symbol for ASM International?

The ticker symbol for ASM International is ASM.

ASM INTL NV NY REG SHS

OTC:ASMIY

ASMIY Rankings

ASMIY Latest News

ASMIY Stock Data

26.81B
48.63M
1.04%
Semiconductor Equipment & Materials
Technology
Link
United States of America
Almere