STOCK TITAN

ASMI Share Buyback Update November 22 – 26, 2021

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

ASM International N.V. reported share buyback transactions from November 22 to 26, 2021, totaling 26,411 shares repurchased at an average price of €404.11, amounting to €10,672,847. This activity is part of a broader €100 million buyback program, of which 81.9% has been executed. This strategic buyback aims to enhance shareholder value by reducing the number of outstanding shares.

Positive
  • Conducted buyback of 26,411 shares, showing commitment to shareholder value.
  • Repurchase transactions reflect effective capital allocation strategy.
Negative
  • None.

Almere, The Netherlands
November 29, 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.

DateRepurchased sharesAverage priceRepurchased value
November 22, 20215,950€ 430.62€ 2,562,218
November 23, 202111,000€ 400.85€ 4,409,357
November 24, 20214,443€ 389.38€ 1,729,999
November 25, 20211,018€ 399.24€ 406,425
November 26, 20214,000€ 391.21€ 1,564,848
Total26,411€ 404.11€ 10,672,847

These repurchases were made as part of the €100 million share buyback program of which the details were announced on July 27, 2021. Of the total program, 81.9% has been repurchased. For further details including individual transaction information please visit: www.asm.com/investors/share-information/share-buyback.

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

Attachment


FAQ

What is the total amount spent on the ASMIY buyback program?

ASM International has repurchased shares worth €10,672,847 as part of its buyback program.

How many shares has ASM International bought back in total?

As of the latest report, ASM International has repurchased a total of 81.9% of its €100 million buyback program.

What were the average prices of the shares bought back by ASMIY?

The average price of shares repurchased during the reported period was €404.11.

Why is ASM International conducting a share buyback?

The buyback is aimed at enhancing shareholder value by reducing the total number of outstanding shares.

ASM INTL NV NY REG SHS

OTC:ASMIY

ASMIY Rankings

ASMIY Latest News

ASMIY Stock Data

27.15B
46.14M
1.05%
Semiconductor Equipment & Materials
Technology
Link
United States of America
Almere