ASM share buyback update June 10 – 14, 2024
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.
- 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.
- 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 | | |
June 11, 2024 | 150 | | |
June 12, 2024 | 150 | | |
June 13, 2024 | 150 | | |
June 14, 2024 | 150 | | |
Total | 750 | | |
These repurchases were made as part of the
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?
What was the average price per share for ASM International's buyback from June 10-14, 2024?
How many shares did ASM International repurchase between June 10-14, 2024?
What percentage of ASM International's €150 million share buyback program has been completed?
When did ASM International's current share buyback program start?
What stock exchange is ASM International listed on?