STOCK TITAN

ASM share buyback update May 15 – 17, 2024

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
buyback
Rhea-AI Summary

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.

Positive
  • Repurchased 15,161 shares between May 15-17, 2024, showing active buyback engagement.
  • Total repurchase value of €9,738,202, contributing to the €150 million buyback program.
  • Average repurchase price of €642.32 indicates a strategic buyback plan.
  • 6.5% of the €150 million buyback program completed within the first few days.
Negative
  • Significant financial expenditure of €9,738,202 for share buybacks within a short period.
  • Only 6.5% of the buyback program completed, indicating a long road ahead to achieve full buyback.

Almere, The Netherlands
May 21, 2024, 5:45 p.m. CET

ASM International N.V. (Euronext Amsterdam: ASM) reports the following transactions, conducted under ASM's current share buyback program.

DateRepurchased sharesAverage priceRepurchased value
May 15, 20245,161€ 628.21€ 3,242,172
May 16, 20244,800€ 651.96€ 3,129,395
May 17, 20245,200€ 647.43€ 3,366,635
Total15,161€ 642.32€ 9,738,202

These repurchases were made as part of the €150 million share buyback program which started on May 15, 2024. Of the total program, 6.5% has been repurchased. For further details including individual transaction information please visit: www.asm.com/investors/dividends-share-buybacks.

About ASM International

ASM International N.V., headquartered in Almere, the Netherlands, and its subsidiaries design and manufacture equipment and process solutions to produce semiconductor devices for wafer processing, and have facilities in the United States, Europe, and Asia. ASM International's common stock trades on the Euronext Amsterdam Stock Exchange (symbol: ASM). For more information, visit ASM's website at www.asm.com.

This press release contains inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.

Contact

Investor and media relations

Victor Bareño
T: +31 88 100 8500
E: investor.relations@asm.com
 

Investor relations

Valentina Fantigrossi
T: +31 88 100 8502
E: investor.relations@asm.com

Attachment


FAQ

What is the total value of shares repurchased by ASM International between May 15-17, 2024?

ASM International repurchased shares worth €9,738,202 between May 15-17, 2024.

How many shares did ASM International buy back on May 15, 2024?

ASM International bought back 5,161 shares on May 15, 2024.

What was the average repurchase price of ASM International's shares between May 15-17, 2024?

The average repurchase price of ASM International's shares between May 15-17, 2024, was €642.32.

How much of ASM International's €150 million buyback program has been completed as of May 17, 2024?

As of May 17, 2024, ASM International has completed 6.5% of its €150 million buyback program.

On which stock exchange does ASM International trade?

ASM International trades on the Euronext Amsterdam Stock Exchange under the symbol ASM.

ASM International NV

OTC:ASMIY

ASMIY Rankings

ASMIY Latest News

ASMIY Stock Data

31.68B
46.26M
1.05%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
United States of America
Almere