ASML reports transactions under its current share buyback program
- ASML repurchased a total of 46,607 shares under its current buyback program.
- The weighted average price of the repurchased shares was €909.21.
- The total repurchased value amounted to €42,364,342.
- The buyback program was announced on November 10, 2022.
- Details of the buyback program are available on ASML's website.
- The transactions were made public to comply with the Market Abuse Regulation.
- None.
Insights
Share buyback programs such as the one executed by ASML signify a company's confidence in its own financial health and future prospects. By reducing the number of shares outstanding, such programs can often lead to an increase in earnings per share (EPS), as the profit is distributed across a smaller share base. This can consequently have a favorable impact on the stock price, as the market often interprets buybacks as a positive signal regarding the company's valuation.
However, the strategy should be analyzed in the context of the company's overall financial strategy. The funding of the buyback, whether through existing cash reserves or debt, is an important consideration. If a company is using debt to finance buybacks, it's important to examine the impact on leverage ratios and interest expense. Regardless, the timing and price of the repurchased shares are equally critical, as overpaying can negate the benefits of the buyback. It is key to compare the repurchase prices to historical trends and market conditions at the time of each transaction.
ASML's repurchasing activity must be evaluated against industry norms and the historical performance of the company. The semiconductor industry is cyclical and capital-intensive, thus the utilization of cash for share repurchases instead of investment in R&D or capital expenditures could be contentious. However, it can also be seen as a distribution of profits to shareholders in times when the company sees limited high-return investments.
Considering the competitive landscape, ASML's positioning as a leading supplier in the photolithography sector is solidified by their innovation and technology edge. Yet, investors should consider the broader context, such as the global demand for semiconductors, regulatory changes and geopolitical tensions that may influence ASML's operations and, by extension, its share performance.
ASML reports transactions under its current share buyback program
VELDHOVEN, the Netherlands – ASML Holding N.V. (ASML) reports the following transactions, conducted under ASML's current share buyback program.
| Date | Total repurchased shares | Weighted average price | Total repurchased value |
| 08-Apr-24 | 3,430 | | |
| 09-Apr-24 | 12,733 | | |
| 10-Apr-24 | 9,336 | | |
| 11-Apr-24 | 11,139 | | |
| 12-Apr-24 | 9,969 | | |
ASML’s current share buyback program was announced on 10 November 2022, and details are available on our website at https://www.asml.com/en/news/share-buybacks
This regular update of the transactions conducted under the buyback program is to be made public under the Market Abuse Regulation (Nr. 596/2014).
| Media Relations Contacts | Investor Relations Contacts |
| Monique Mols, phone +31 6 528 444 18 | Skip Miller, phone +1 480 235 0934 |
| Marcel Kemp, phone +31 40 268 6494 | |
| Peter Cheang, phone +886 3 659 6771 |
FAQ
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