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ASM International NV - ASMIY STOCK NEWS

Welcome to our dedicated page for ASM International NV news (Ticker: ASMIY), a resource for investors and traders seeking the latest updates and insights on ASM International NV stock.

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 N.V. (ASMIY) reported strong Q2 2024 results, with new orders of €755 million, up 56% year-over-year at constant currencies. Revenue reached €706 million, a 6% increase from Q2 2023, slightly above guidance. The company saw strong demand for gate-all-around (GAA) and high-bandwidth memory (HBM) technologies. Adjusted gross profit margin improved to 49.8%, while adjusted operating result margin decreased to 25.8%.

For Q3 2024, ASM projects revenue of €740-780 million, with second-half revenue expected to increase around 15% compared to the first half. The company remains confident about its mid-term targets for 2025 and 2027, anticipating continued outperformance in the wafer fab equipment market.

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ASM International N.V. (Euronext Amsterdam: ASMIY) has reported the latest transactions under its current share buyback program. From July 15 to July 19, 2024, the company repurchased a total of 72,180 shares at an average price of €672.32, for a total value of €48,528,299. This is part of the €150 million share buyback program that began on May 15, 2024. To date, 78.0% of the total program has been completed.

The repurchases were conducted as follows:

  • July 15: 2,500 shares at €742.38
  • July 16: 450 shares at €734.20
  • July 17: 14,600 shares at €694.29
  • July 18: 31,686 shares at €664.90
  • July 19: 22,944 shares at €659.75

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ASM International N.V. (Euronext Amsterdam: ASMIY) has reported the latest transactions under its current share buyback program. From July 8 to July 12, 2024, the company repurchased a total of 9,600 shares at an average price of €727.77, for a total value of €6,986,582. These repurchases are part of the €150 million share buyback program that commenced on May 15, 2024. To date, 45.6% of the total program has been completed. The buyback aims to return value to shareholders and optimize the company's capital structure. ASM International, headquartered in Almere, the Netherlands, is a global leader in designing and manufacturing equipment and process solutions for semiconductor device production.

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On July 8, 2024, ASM International (Euronext Amsterdam: ASM) announced an update on its ongoing share buyback program. Between July 1 and July 5, 2024, ASM repurchased a total of 3,350 shares at an average price of €716.16, amounting to €2,399,144. This buyback is part of the €150 million program initiated on May 15, 2024, which has now reached 41.0% of its total target. For more detailed transaction information, visit ASM's investor relations page.

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ASM International N.V. (Euronext Amsterdam: ASM) has announced its schedule for the Q2 2024 financial results release and corresponding conference call. The results will be disclosed at approximately 6:00 p.m. CET on July 23, 2024.

The quarterly earnings conference call and webcast will occur the following day, July 24, 2024, at 3:00 p.m. CET. Participants are required to pre-register to obtain the necessary dial-in details, passcode, and personal PIN. An audio webcast and replay will be available.

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ASM International N.V. (Euronext Amsterdam: ASM) announced the completion of the latest phase in its share buyback program from June 24 to June 28, 2024.

The company repurchased 750 shares at an average price of €700.21, totaling €525,157. This was part of a €150 million buyback initiative that started on May 15, 2024, with 39.4% of the program completed to date.

ASM designs and manufactures semiconductor equipment and process solutions and trades on the Euronext Amsterdam Stock Exchange under the symbol ASM.

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ASM International has released an update on its share buyback program, detailing transactions from June 17 to June 21, 2024. The company repurchased a total of 750 shares at an average price of €704.03, with a total repurchase value of €528,022. This repurchase is part of a €150 million share buyback program initiated on May 15, 2024, with 39% of the program completed to date. ASM International, based in Almere, the Netherlands, designs and manufactures semiconductor equipment and operates globally.

For more details, visit ASM's website.

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ASM International N.V. announced updates on its share buyback program for the period June 10-14, 2024. The company repurchased a total of 750 shares at an average price of €691.71 per share, amounting to €518,779 in total. This buyback is part of a larger €150 million program initiated on May 15, 2024, with 38.7% of the program completed. ASM International designs and manufactures semiconductor process solutions and is listed on Euronext Amsterdam under the symbol ASM. For more details, visit the company's website.

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ASM International has provided an update on its ongoing share buyback program from June 3 to June 7, 2024. During this period, ASM repurchased a total of 15,110 shares at an average price of €648.23, amounting to a total value of €9,794,790. This buyback is part of a larger €150 million program initiated on May 15, 2024, with 38.3% of the total program already completed. The share buyback program aims to return capital to shareholders and optimize the company's capital structure.

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ASM International N.V. reported that, from May 27 to May 31, 2024, it repurchased a total of 35,600 shares, amounting to €23,327,633 under its ongoing share buyback program. The average price per share over this period was €655.27. The repurchases are part of a €150 million share buyback initiative that began on May 15, 2024, of which 31.8% has already been executed. ASM International designs and manufactures semiconductor equipment and operates globally. More information is available on ASM's website.

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FAQ

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 International NV

OTC:ASMIY

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37.26B
46.26M
1.05%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
United States of America
Almere