Welcome to our dedicated page for Asm Internationl news (Ticker: ASMIY), a resource for investors and traders seeking the latest updates and insights on Asm Internationl stock.
ASM International (ASMIY) delivers essential semiconductor manufacturing solutions powering advanced chip production worldwide. This dedicated news hub provides investors and industry professionals with timely updates on corporate developments directly impacting the company's market position.
Access authoritative coverage of earnings reports, technology innovations, and strategic partnerships. Our curated feed includes regulatory filings, product launch details, and executive commentary – all critical for evaluating ASMIY's role in enabling next-generation wafer processing technologies like GAA and high-bandwidth memory solutions.
Key updates span equipment advancements, R&D milestones, and operational expansions across global manufacturing hubs. Bookmark this page to efficiently monitor how ASMIY navigates semiconductor industry cycles while maintaining its leadership in precision deposition and process engineering technologies.
ASM International N.V. (Euronext Amsterdam: ASM) has informed the market about a significant development concerning ASMPT, in which ASM holds approximately 25% shareholding. ASMPT has received a preliminary non-binding approach from an independent third party regarding a possible privatization of the company.
Key points:
- The discussions are at an early stage
- No agreement has been reached with the potential offeror
- There is no certainty that the approach will lead to an offer for ASMPT shares
ASM International, headquartered in Almere, the Netherlands, designs and manufactures equipment and process solutions for semiconductor device production, with facilities in the United States, Europe, and Asia.
ASM International N.V. (Euronext Amsterdam: ASM) has announced the details for its Q3 2024 financial results release and subsequent conference call. The company will report its third quarter 2024 financial results on Tuesday, October 29, 2024, at approximately 6:00 p.m. CET. Following this, ASM will host a quarterly earnings conference call and webcast on Wednesday, October 30, 2024, at 3:00 p.m. CET.
Participants interested in joining the conference call are required to pre-register using a provided link to receive the necessary dial-in numbers, passcode, and a personal PIN for access. Additionally, a simultaneous audio webcast and replay will be available through a separate link for those who prefer that format.
ASM International has launched the PE2O8 silicon carbide epitaxy system, expanding its portfolio of single wafer SiC epitaxy systems. This new dual chamber system is compatible with both 6” and 8” wafers and offers higher throughput, lower cost of ownership, and high process uniformity. The PE2O8 addresses the needs of the advanced SiC power device segment, which is seeing increased demand due to trends in electrification and high-power applications like electric vehicles and green power. The system features a compact design, easy preventive maintenance, and has been delivered to multiple customers globally. Steven Reiter, Corporate VP, emphasized the importance of delivering high-quality epitaxy processes on larger wafers with defectivity control, noting that the PE2O8 improves process control and value for customers.
ASM International N.V. (Euronext Amsterdam: ASMIY) has successfully completed its €150 million share buyback program for 2024. The program, which ran from May 15 to July 25, 2024, resulted in the repurchase of 228,389 shares at an average price of €656.77. ASM intends to reduce its capital by withdrawing the repurchased shares, except for those needed to fund employee and board member share programs. The final week of the program saw the repurchase of 52,938 shares at an average price of €624.17, totaling €33,042,077. This initiative demonstrates ASM's commitment to utilizing excess cash for shareholder benefit.
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.
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
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.
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.
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.
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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