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ASM INTL NV NY REG SHS - ASMIY STOCK NEWS

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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.

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ASM International reported updates on its ongoing share buyback program between May 15 and May 17, 2024. A total of 15,161 shares were repurchased during this period at an average price of €642.32, amounting to a total value of €9,738,202. This activity forms part of the broader €150 million buyback program initiated on May 15, 2024, with 6.5% of the program completed so far. ASM International, based in Almere, Netherlands, designs and manufactures semiconductor equipment with operations across the US, Europe, and Asia. The company's stock trades on the Euronext Amsterdam under the symbol ASM.

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ASM International has announced a €150 million share buyback program for its common shares. This initiative, commencing on May 15, 2024, and ending by October 15, 2024, aims to reduce ASM's share capital. The buyback will adhere to the authority granted by shareholders during the May 13, 2024, Annual General Meeting. A third party will execute the program. Weekly updates on the program's progress will be provided starting May 21, 2024, on ASM’s website. The repurchased shares will primarily be withdrawn, except for those required to support ongoing share and option programs for employees and board members.

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ASM International N.V. announces the voting results of its Annual General Meeting, approving resolutions including annual accounts, dividend, appointment of new board members and CEO, and audit firm. The company's common stock trades on Euronext Amsterdam Stock Exchange.

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ASM International N.V. (ASM) reports a solid start in Q1 2024 with €698 million in new orders, a 10% increase from last year. Revenue was €639 million, at the top end of guidance, with a gross profit margin of 52.9%. Operating result margin was 29.3%. Q2 2024 revenue is projected to be €660-700 million, with a 10% or more increase expected in H2. ASM anticipates another year of growth in 2024.
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ASM International N.V. to report first quarter 2024 financial results on April 23, 2024. Earnings conference call scheduled for April 24, 2024, at 3:00 p.m. CET.
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ASM International N.V. announces its Climate Transition Plan to achieve net-zero emissions by 2035, showcasing sustainability efforts and industry leadership. The plan includes renewable energy goals, green building certifications, supplier engagement, and innovation in product energy efficiency.
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ASM International N.V. announces the details of the Annual General Meeting scheduled for May 13, 2024, including agenda items such as approval of 2023 annual accounts, dividend declaration, board appointments, and remuneration policy changes.
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ASM International N.V. releases its Annual Report 2023 in compliance with ESEF reporting standards, including XBRL tags. The company's AGM is scheduled for May 13, 2024.
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ASM International N.V. nominates Martin van den Brink for its Supervisory Board, bringing over 30 years of semiconductor industry experience. Van den Brink, a key figure in ASML's growth and innovation, receives numerous awards for his contributions. His appointment to the Supervisory Board will be proposed at the AGM on May 13, 2024.
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ASM International N.V. reports fourth quarter 2023 operating results, showing double-digit full-year revenue growth despite a softer WFE market. Financial highlights include new orders of €677.5 million, revenue of €632.9 million, and normalized net earnings of €100.3 million. The company experienced a decrease in new orders and revenue compared to the previous year, with a decline in normalized operating result and net earnings. ASM remains optimistic about future growth, with plans for a new R&D center, sustainability initiatives, and leadership changes.
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FAQ

What is the current stock price of ASM INTL NV NY REG SHS (ASMIY)?

The current stock price of ASM INTL NV NY REG SHS (ASMIY) is $583.36 as of December 20, 2024.

What is the market cap of ASM INTL NV NY REG SHS (ASMIY)?

The market cap of ASM INTL NV NY REG SHS (ASMIY) is approximately 26.8B.

What is ASM International NV known for?

ASM International NV is a leading supplier of semiconductor equipment and solutions, specializing in wafer processing equipment for the semiconductor industry.

What recent achievements has ASM International NV reported?

ASM International NV achieved double-digit full-year revenue growth in 2023, outperforming the market.

What expansion plans has ASM International NV announced?

ASM International NV recently announced a €300M expansion of its U.S. operations in Scottsdale, Arizona.

What shareholder value initiatives has ASM International NV undertaken?

ASM International NV has implemented a share buyback program, demonstrating its commitment to enhancing shareholder value.

Who will succeed Benjamin Loh as CEO of ASM International NV?

Hichem M’Saad will succeed Benjamin Loh as the new CEO of ASM International NV.

When will the 2024 Annual General Meeting of ASM International NV be held?

The 2024 Annual General Meeting of ASM International NV will be held on May 13, 2024, in Almere.

Where can I access the AGM documents for ASM International NV?

You can find the AGM documents on the company's website for more detailed information.

What are the key financial highlights of ASM International NV's Q1 2024 results?

ASM International NV's Q1 2024 results included orders supported by GAA and HBM, with adjusted figures as non-IFRS performance measures.

What is ASM International NV's focus for the future?

ASM International NV is poised for continued success and growth in the semiconductor industry, with a strong focus on innovation and quality.

How can I participate in ASM International NV's quarterly earnings conference call?

You can access a simultaneous audio webcast and replay of the earnings conference call on the company's website.

Who should I contact for investor and media relations at ASM International NV?

You can contact Victor Bareño or Valentina Fantigrossi for investor and media relations at ASM International NV.

ASM INTL NV NY REG SHS

OTC:ASMIY

ASMIY Rankings

ASMIY Stock Data

26.81B
48.63M
1.04%
Semiconductor Equipment & Materials
Technology
Link
United States of America
Almere