ASMI Share Buyback Update August 23 - 27, 2021
ASM International N.V. has announced share repurchases under its current buyback program, totaling €3,639,075 for 11,426 shares from August 23 to August 27, 2021. The average repurchase price was €318.49, representing 24.3% of the total €100 million buyback program initiated on July 27, 2021. This move is aimed at enhancing shareholder value and demonstrates the company's commitment to returning capital to investors.
- Share buyback program of €100 million shows commitment to enhancing shareholder value.
- 24.3% of the buyback program has been executed, indicating effective capital management.
- None.
Almere, The Netherlands
August 30, 2021, 5:45 p.m. CET
ASM International N.V. (Euronext Amsterdam: ASM) reports the following transactions, conducted under ASMI's current share buyback program.
| Date | Repurchased shares | Average price | Repurchased value |
| August 23, 2021 | 79 | | |
| August 24, 2021 | 2,000 | | |
| August 25, 2021 | 4,000 | | |
| August 26, 2021 | 4,200 | | |
| August 27, 2021 | 1,147 | | |
| Total | 11,426 | | |
These repurchases were made as part of the
About ASM International
ASM International NV, headquartered in Almere, the Netherlands, its subsidiaries and participations design and manufacture equipment and materials used to produce semiconductor devices. ASM International, its subsidiaries and participations provide production solutions for wafer processing (Front-end segment) as well as for assembly & packaging and surface mount technology (Back-end segment) through facilities in the United States, Europe, Japan and Asia. ASM International's common stock trades on the Euronext Amsterdam Stock Exchange (symbol ASM). For more information, visit ASMI's website at www.asm.com.
Cautionary Note Regarding Forward-Looking Statements: All matters discussed in this press release, except for any historical data, are forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These include, but are not limited to, economic conditions and trends in the semiconductor industry generally and the timing of the industry cycles specifically, currency fluctuations, corporate transactions, financing and liquidity matters, the success of restructurings, the timing of significant orders, market acceptance of new products, competitive factors, litigation involving intellectual property, shareholders or other issues, commercial and economic disruption due to natural disasters, terrorist activity, armed conflict or political instability, changes in import/export regulations, epidemics and other risks indicated in the Company's reports and financial statements. The Company assumes no obligation nor intends to update or revise any forward-looking statements to reflect future developments or circumstances.
This press release contains inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.
CONTACT
Investor and media contact:
Victor Bareño
T: +31 88 100 8500
E: victor.bareno@asm.com
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FAQ
What is the total amount spent on share buybacks by ASMIY as of August 27, 2021?
How many shares did ASMIY repurchase in the recent buyback program?
What was the average repurchase price for ASMIY shares during the recent buyback?
What percentage of the buyback program has been completed by ASMIY?
