ASM announces start of €150 million share buyback program

Rhea-AI Summary

ASM International has announced a new €150 million share buyback program starting April 30, 2025. The program will run until January 2026 or until the target amount is reached, with a maximum limit of 4,714,465 shares to be purchased.

The semiconductor equipment manufacturer, headquartered in Almere, Netherlands, plans to use the repurchased shares to cover existing and future obligations under employee and board member share programs. The buyback will be executed by a third party within legal regulations and shareholder-approved authority.

Weekly updates on the program's progress will begin May 5, 2025, and will be available on ASM's website. The company trades on Euronext Amsterdam under the symbol ASM and operates facilities across the United States, Europe, and Asia, specializing in semiconductor device production equipment and process solutions.

Positive

• €150 million share buyback program announced, showing strong financial position
• Buyback will cover employee and board member share programs without requiring new share issuance
• Clear execution timeline established (April 2025 - January 2026)
• Third-party execution provides transparency and compliance

Negative

• Share buyback limited to 4,714,465 shares maximum
• Program primarily for employee compensation rather than returning value to shareholders

News Market Reaction

+3.18%

1 alert

+3.18% News Effect

On the day this news was published, ASMIY gained 3.18%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Almere, The Netherlands
April 29, 2025, 6:00 p.m. CET

ASM International N.V. (Euronext Amsterdam: ASM) today announces that it will start a share buyback program of ASM’s common shares of €150 million. 

This program follows on ASM's announcement on February 25, 2025, that the Management Board authorized a share buyback program for up to €150 million. The program commences on April 30, 2025, and is to end as soon as the aggregate purchase price of the common shares acquired by ASM has reached €150 million, but ultimately by January 2026.

The share buyback program will take place within the limits of relevant laws and regulations, the existing authority granted at ASM’s AGM held on May 13, 2024, and the authority (if granted) by the AGM meeting on May 12, 2025, and will be executed by a third party. ASM intends to use the repurchased shares to cover existing and expected future obligations under ongoing share programs for employees and board members. The total number of shares to be purchased in connection with the share buyback program shall not exceed 4,714,465.

 ASM will update the market on the progress of the share buyback program on a weekly basis, starting on May 5, 2025. This information will also be published on ASM’s website (www.asm.com).

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.
Cautionary note regarding forward-looking statements: All matters discussed in this press release, except for any historical data, are forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These include, but are not limited to, economic conditions and trends in the semiconductor industry generally and the timing of the industry cycles specifically, currency fluctuations, corporate transactions, financing and liquidity matters, the success of restructurings, the timing of significant orders, market acceptance of new products, competitive factors, litigation involving intellectual property, shareholders or other issues, commercial and economic disruption due to natural disasters, terrorist activity, armed conflict or political instability, changes in import/export regulations, epidemics, pandemics and other risks indicated in the company's reports and financial statements. The company assumes no obligation nor intends to update or revise any forward-looking statements to reflect future developments or circumstances.

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

• 20250429_ASM announces start of EUR150 million share buyback program

FAQ

How much is ASM (ASMIY) spending on its 2025 share buyback program?

ASM International is spending €150 million on its share buyback program, which starts April 30, 2025, and will run until January 2026 or until the full amount is utilized.

What is the maximum number of shares ASM (ASMIY) will repurchase in its 2025 buyback?

ASM International will repurchase a maximum of 4,714,465 shares during its 2025 buyback program.

How will ASM (ASMIY) use the repurchased shares from its 2025 buyback?

ASM will use the repurchased shares to cover existing and future obligations under ongoing share programs for employees and board members.

When will ASM (ASMIY) provide updates on its 2025 share buyback progress?

ASM will provide weekly updates on the share buyback progress, starting May 5, 2025, through their website www.asm.com.

What approvals are required for ASM's (ASMIY) 2025 share buyback program?

The buyback program operates under existing authority from ASM's May 13, 2024 AGM and requires additional authority from the upcoming May 12, 2025 AGM meeting.