Asm Internationl Stock Price, News & Analysis

ASM International N.V. reports significant progress in its €100 million share buyback program, announcing the repurchase of 22,050 shares between August 9 and August 13, 2021. The average repurchase price stood at €315.86, amounting to a total investment of €6,964,737. This buyback represents 14.6% of the total program, aimed at enhancing shareholder value and potentially impacting earnings per share. For further details, refer to their official site.

ASM International has reported share buyback transactions conducted between August 2 and August 6, 2021, as part of its €100 million buyback program, which has now repurchased 7.6% of the total program. A total of 14,950 shares were repurchased for a total value of €4,639,545 at an average price of €310.34. The buyback aims to enhance shareholder value. For more details, visit ASM's buyback page.

ASM International has repurchased 10,093 shares from July 28 to July 30, 2021, as part of its €100 million share buyback program. The average price paid per share was €295.48, totaling €2,982,282. This buyback represents 3.0% of the total program. The initiative aims to enhance shareholder value and optimize the capital structure. For detailed transaction information, visit www.asm.com/investors/share-information/share-buyback.

ASM International N.V. reported strong second-quarter 2021 results, with new orders of €515.7 million, a 73% increase year-over-year. Revenue reached €411.7 million, marking a 29% rise at constant currencies. The gross profit margin was stable at 48.1%, while operating results were €118.4 million. Net earnings totaled €108.4 million, reflecting significant improvement. The company anticipates sales of €400-430 million for Q3 2021 and has initiated a €100 million share buyback program starting July 28, 2021. Supply chain challenges are noted as a potential impact on future sales.

ASM International N.V. has nominated Pauline van der Meer Mohr and Adalio Sanchez for its Supervisory Board. Their appointments will be proposed at an Extraordinary General Meeting (EGM) scheduled for September 29, 2021. Pauline brings over 35 years of experience in leadership roles, including significant positions at Royal Shell and ABN AMRO Bank, while Adalio has extensive experience in the tech industry, notably with IBM and Lenovo. Both nominees are expected to contribute valuable insights to the board.

ASM International has launched the new Intrepid® ESA™ epitaxy tool, designed for 300mm applications in power and analog devices as well as silicon wafer manufacturing. This innovative tool enhances performance with an advanced gas injection system and real-time temperature control, allowing for improved film uniformity and die yield. With over 30 units already in production across multiple sites, the Intrepid ESA addresses critical metrics such as product yield and operational cost for chipmakers, strengthening ASM's position in the semiconductor industry.

ASM International N.V. will report its 2021 second quarter operating results on July 27, 2021, at 6:00 p.m. CET and 12:00 p.m. ET. An investor conference call is scheduled for the following day, July 28, 2021, at 3:00 p.m. CET (9:00 a.m. ET). Dial-in numbers for the call are provided for the US, International, and The Netherlands. The company specializes in semiconductor production equipment, focusing on front-end and back-end solutions worldwide. More information is available at www.asm.com.

ASM International N.V. reported that order intake in Q2 2021 is expected to exceed €500 million, surpassing the previous guidance of €420-440 million. This increase is attributed to customers pulling forward orders originally expected in Q3. Revenue is anticipated to align with earlier predictions of €390-410 million, and expectations for the second half of the year remain unchanged, forecasting sales at least at the same level as the first half. The company will release its Q2 financial results on July 27, 2021.

ASM International N.V. announced the results of its Annual General Meeting held on May 17, 2021. All proposed resolutions were approved by shareholders. Key highlights include the appointment of Paul Verhagen as a Management Board member, succeeding Peter van Bommel as CFO. Shareholders re-appointed Stefanie Kahle-Galonske to the Supervisory Board for four years. The financial statements for 2020 were adopted, and members of both boards were discharged from liability. A dividend of €2.00 per share was approved alongside the withdrawal of 500,000 common shares.