ASML reports transactions under its current share buyback program
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Insights
Share buyback programs are a significant financial maneuver that can influence a company's stock price and perceived value. ASML's disclosure of its recent transactions provides transparency and can be a signal of confidence in the company's financial health. By repurchasing shares, ASML reduces the number of shares outstanding, which can lead to an increase in earnings per share (EPS) and potentially boost the stock price. Investors often interpret buybacks as a sign that a company believes its shares are undervalued.
However, the timing and price of the buybacks should be analyzed. The weighted average prices paid on different dates suggest ASML is willing to buy back shares at varying market conditions, which could indicate a long-term strategic approach rather than short-term price considerations. It is important for stakeholders to consider the opportunity cost of these buybacks; the capital used for this purpose is not being invested in business expansion or other potential growth opportunities.
Examining the impact of ASML's share buyback within the context of the semiconductor industry is crucial. The industry is known for its cyclical nature and high capital expenditure requirements. Share buybacks could convey a message that ASML has sufficient capital reserves and is not in immediate need of cash for expansion or R&D, which is a positive signal for the industry's growth prospects. On the other hand, it is essential to monitor the industry trends, such as demand for semiconductor equipment, to understand whether the buyback aligns with broader market expectations.
Investors should also consider the historical performance of ASML's stock following past buybacks. If the market has responded favorably to buybacks in the past, it may do so again, although past performance is not indicative of future results. Additionally, the size of the buyback relative to the company's market capitalization can provide insights into the potential impact on the stock's liquidity and volatility.
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 |
| 18-Mar-24 | 6,141 | | 5,337,855 |
| 19-Mar-24 | 16,413 | | 14,173,387 |
| 20-Mar-24 | 7,928 | | 6,955,039 |
| 21-Mar-24 | - | - | - |
| 22-Mar-24 | 11,504 | | 10,394,327 |
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
What is ASML's current share buyback program about?
When was ASML's current share buyback program announced?
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