Asm Internationl Stock Price, News & Analysis

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.

ASM International N.V. announced its first quarter 2021 results, showcasing strong growth driven by high demand in the logic/foundry sector. The company reported new orders of €410.6 million, up 8% from Q4 2020, and revenue of €394 million, reflecting a 14% increase. The gross profit margin rose to 49.5%, while the operating result reached €124.5 million. Net earnings increased to €122.5 million. A new share buyback program of €100 million was authorized, further affirming ASM's commitment to shareholder value amidst an optimistic outlook for 2021.

ASM International N.V. will report its operating results for Q1 2021 on April 20, 2021, at approximately 18:00 CET and 12:00 ET. The company will also host an investor conference call on April 21, 2021, at 14:00 CET (8:00 ET). Dial-in numbers include +1 646 7413 167 for the U.S. and +44 (0) 8444 819 752 for international calls. ASM specializes in semiconductor equipment and offers solutions for wafer processing and assembly and packaging. More information is available at www.asm.com.

ASM International N.V., located in Almere, Netherlands, has announced details for its upcoming Annual General Meeting (AGM) set for May 17, 2021. Due to COVID-19, the meeting will be held virtually, starting at 2:00 p.m. CET. Key agenda items include the appointment of Paul Verhagen to the Management Board, re-appointment of Stefanie Kahle-Galonske to the Supervisory Board, and a proposal to declare a €2.00 dividend per share. Shareholders can vote via proxy and participate in discussions remotely. The record date for voting is April 19, 2021.

ASM International N.V. has published its Annual Report 2020 in compliance with the European Single Electronic Format (ESEF) requirements. The report, available in various formats, features financial statements labeled with XBRL tags. The company will conduct its Annual General Meeting on May 17, 2021. ASM operates in the semiconductor equipment manufacturing sector, offering solutions for wafer processing and packaging.

ASM International N.V. has successfully completed its €100 million share buyback program initiated in June 2020, concluding on March 2, 2021. During the program, a total of 646,180 shares were repurchased at an average price of €154.76. The company plans to reduce its capital by withdrawing repurchased shares while retaining some for employee options. This initiative demonstrates ASM's commitment to enhancing shareholder value and utilizing excess cash effectively.

ASM International N.V. announced its ongoing share buyback program, having repurchased 13,507 shares between February 22-26, 2021, totaling €3,052,546. The average price paid per share was €226.00, reflecting the company's strategy to enhance shareholder value as part of a €100 million buyback initiative launched on June 2, 2020, of which 97% has been executed. This move aims to bolster confidence in the company's future performance amidst competitive pressures in the semiconductor industry.

ASM International announced its Q4 2020 results, reporting €347 million in revenue, a 10% increase from Q3. New orders reached €379 million, marking a 25% rise sequentially. However, the gross profit margin declined to 45.2%, down from 49.9% in Q3, and operating result diminished to €78 million. The company plans a €2.00 dividend, a 33% increase from 2019. For Q1 2021, revenue guidance is set at €380-€400 million.

ASM International N.V. has announced recent buyback transactions under its share repurchase program, totaling €7,623,871 for the period from February 15 to 19, 2021. During this time, 32,014 shares were repurchased at an average price of €238.14 per share. This is part of a broader €100 million buyback initiative initiated on June 2, 2020, of which 94.0% has been completed. These actions are expected to enhance shareholder value.