ASMI Share Buyback Update October 12 – 16, 2020
ASM International N.V. announced share repurchases under its ongoing buyback program, totaling €1,844,015 for 13,618 shares from October 15, 2020. This activity is part of the €100 million buyback initiative launched on June 2, 2020, of which 40% has been completed. Despite no repurchases on other listed dates, the program underlines the company's commitment to enhancing shareholder value.
- Completed 40% of the €100 million buyback program, supporting shareholder value.
- Recent buyback of 13,618 shares could positively impact earnings per share.
- None.
Almere, The Netherlands
October 19, 2020, 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 |
October 12, 2020 | - | - | - |
October 13, 2020 | - | - | - |
October 14, 2020 | - | - | - |
October 15, 2020 | 13,618 | ||
October 16, 2020 | - | - | - |
Total | 13,618 |
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
Attachment
FAQ
What were the recent share repurchase details for ASMIY?
How much of the buyback program has been completed for ASMIY?
What is the purpose of ASMIY's share buyback program?