ASM share buyback update May 15 – 17, 2024
ASM International reported updates on its ongoing share buyback program between May 15 and May 17, 2024. A total of 15,161 shares were repurchased during this period at an average price of €642.32, amounting to a total value of €9,738,202. This activity forms part of the broader €150 million buyback program initiated on May 15, 2024, with 6.5% of the program completed so far. ASM International, based in Almere, Netherlands, designs and manufactures semiconductor equipment with operations across the US, Europe, and Asia. The company's stock trades on the Euronext Amsterdam under the symbol ASM.
- Repurchased 15,161 shares between May 15-17, 2024, showing active buyback engagement.
- Total repurchase value of €9,738,202, contributing to the €150 million buyback program.
- Average repurchase price of €642.32 indicates a strategic buyback plan.
- 6.5% of the €150 million buyback program completed within the first few days.
- Significant financial expenditure of €9,738,202 for share buybacks within a short period.
- Only 6.5% of the buyback program completed, indicating a long road ahead to achieve full buyback.
Almere, The Netherlands
May 21, 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 |
May 15, 2024 | 5,161 | ||
May 16, 2024 | 4,800 | ||
May 17, 2024 | 5,200 | ||
Total | 15,161 |
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 |
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