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ASM International NV is a leading supplier of semiconductor equipment and solutions. The company's core business involves the design, manufacture, and sale of wafer processing equipment for the semiconductor industry worldwide. With a strong focus on innovation and quality, ASM International NV has achieved double-digit full-year revenue growth, outperforming the market in 2023. The company recently announced the expansion of its operations in the U.S. and a share buyback program, demonstrating its commitment to driving shareholder value. ASM International NV is poised for continued success and growth in the semiconductor industry.
ASM International N.V. has successfully completed its €100 million share buyback program initiated in June 2020, concluding on March 2, 2021. During the program, a total of 646,180 shares were repurchased at an average price of €154.76. The company plans to reduce its capital by withdrawing repurchased shares while retaining some for employee options. This initiative demonstrates ASM's commitment to enhancing shareholder value and utilizing excess cash effectively.
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.
ASM International announced its Q4 2020 results, reporting €347 million in revenue, a 10% increase from Q3. New orders reached €379 million, marking a 25% rise sequentially. However, the gross profit margin declined to 45.2%, down from 49.9% in Q3, and operating result diminished to €78 million. The company plans a €2.00 dividend, a 33% increase from 2019. For Q1 2021, revenue guidance is set at €380-€400 million.
ASM International N.V. has announced recent buyback transactions under its share repurchase program, totaling €7,623,871 for the period from February 15 to 19, 2021. During this time, 32,014 shares were repurchased at an average price of €238.14 per share. This is part of a broader €100 million buyback initiative initiated on June 2, 2020, of which 94.0% has been completed. These actions are expected to enhance shareholder value.
ASM International reports significant progress in its €100 million share buyback program, with 86.3% of the total repurchased as of February 12, 2021. Recent transactions from February 8-12 include the repurchase of 10,500 shares at an average price of €233.56, totaling €2,452,396. The buyback initiative aims to enhance shareholder value by returning capital and stabilizing the stock price amid industry uncertainties.
ASM International N.V. announced share buybacks from February 1 to February 5, 2021, as part of its €100 million program initiated on June 2, 2020. A total of 17,566 shares were repurchased at an average price of €221.05, totaling €3,882,934. So far, 83.9% of the buyback program has been completed. This initiative aims to enhance shareholder value and reflects the company’s commitment to optimizing capital allocation.
ASM International N.V., located in Almere, the Netherlands, will disclose its operating results for Q4 2020 on February 25, 2021, at 18:00 CET and 12:00 EST. An investor conference call is scheduled for February 26, 2021, at 15:00 CET (9:00 EST). Dial-in details include +1 646 7413 167 for the U.S. and +31 (0)20 79 566 14 for the Netherlands. The results will be presented on the company's website, www.asm.com. Forward-looking statements about the semiconductor industry are cautioned due to potential risks.
ASM International N.V. has announced a share buyback update, reporting a total of 21,683 shares repurchased from January 25 to January 29, 2021. The average price paid per share was €221.64, resulting in a total repurchase value of €4,805,827. This buyback is part of a broader €100 million share buyback program initiated on June 2, 2020, with 80% of the program now completed. These actions are aimed at enhancing shareholder value while navigating industry challenges.
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.
ASM International N.V. announced the retirement of Chief Financial Officer Peter van Bommel, effective at the next Annual General Meeting in May 2021. Van Bommel, who joined the company in 2010, stated that he believes it's time for new leadership. The Chairman of the Supervisory Board, Jan Lobbezoo, acknowledged Van Bommel's significant contributions to the company's growth. The search for a successor is underway, with further announcements to be made later.