ASMI Share Buyback Update September 20 - 24, 2021
ASM International N.V. announced a series of share repurchases as part of its €100 million buyback program, initiated on July 27, 2021. Between September 20 and September 24, 2021, a total of 30,627 shares were repurchased at an average price of €350.35, amounting to €10,730,214. This marks 44.8% of the total program completed. The actions are anticipated to enhance shareholder value and potentially influence stock performance positively.
- Share buyback enhances shareholder value.
- Completion of 44.8% of the buyback program indicates strong financial confidence.
- Total repurchased value of €10,730,214 may lead to a positive impact on stock price.
- None.
Almere, The Netherlands
September 27, 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 |
| September 20, 2021 | 17,500 | ||
| September 21, 2021 | 200 | ||
| September 22, 2021 | 8,500 | ||
| September 23, 2021 | 200 | ||
| September 24, 2021 | 4,227 | ||
| Total | 30,627 |
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 value of shares repurchased by ASMIY during the buyback program?
What percentage of the buyback program has ASMIY completed as of September 2021?
How many shares did ASMIY repurchase between September 20 and 24, 2021?
What was the average price per share repurchased by ASMIY?
