ASMI Share Buyback Update February 22 - 26, 2021
ASM International N.V. announced its ongoing share buyback program, having repurchased 13,507 shares between February 22-26, 2021, totaling €3,052,546. The average price paid per share was €226.00, reflecting the company's strategy to enhance shareholder value as part of a €100 million buyback initiative launched on June 2, 2020, of which 97% has been executed. This move aims to bolster confidence in the company's future performance amidst competitive pressures in the semiconductor industry.
- Repurchased 13,507 shares for a total of €3,052,546, enhancing shareholder value.
- 97% of the €100 million buyback program successfully executed, demonstrating effective capital allocation.
- None.
Almere, The Netherlands
March 1, 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 |
| February 22, 2021 | 4,500 | ||
| February 23, 2021 | 1,440 | ||
| February 24, 2021 | 2,500 | ||
| February 25, 2021 | 5,067 | ||
| February 26, 2021 | - | - | - |
| Total | 13,507 |
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
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