ASML reports transactions under its current share buyback program

Rhea-AI Summary

ASML reports transactions under its current share buyback program, showcasing consistent repurchases and weighted average prices. The company's buyback program, initiated in November 2022, aims to enhance shareholder value. ASML's transparency in sharing transaction details underlines its commitment to regulatory compliance and investor communication.

Financial Analyst

Share buyback programs are a significant financial maneuver that can influence a company's stock price and perceived value. ASML's disclosure of its recent transactions provides transparency and can be a signal of confidence in the company's financial health. By repurchasing shares, ASML reduces the number of shares outstanding, which can lead to an increase in earnings per share (EPS) and potentially boost the stock price. Investors often interpret buybacks as a sign that a company believes its shares are undervalued.

However, the timing and price of the buybacks should be analyzed. The weighted average prices paid on different dates suggest ASML is willing to buy back shares at varying market conditions, which could indicate a long-term strategic approach rather than short-term price considerations. It is important for stakeholders to consider the opportunity cost of these buybacks; the capital used for this purpose is not being invested in business expansion or other potential growth opportunities.

Market Research Analyst

Examining the impact of ASML's share buyback within the context of the semiconductor industry is crucial. The industry is known for its cyclical nature and high capital expenditure requirements. Share buybacks could convey a message that ASML has sufficient capital reserves and is not in immediate need of cash for expansion or R&D, which is a positive signal for the industry's growth prospects. On the other hand, it is essential to monitor the industry trends, such as demand for semiconductor equipment, to understand whether the buyback aligns with broader market expectations.

Investors should also consider the historical performance of ASML's stock following past buybacks. If the market has responded favorably to buybacks in the past, it may do so again, although past performance is not indicative of future results. Additionally, the size of the buyback relative to the company's market capitalization can provide insights into the potential impact on the stock's liquidity and volatility.

ASML reports transactions under its current share buyback program

VELDHOVEN, the Netherlands – ASML Holding N.V. (ASML) reports the following transactions, conducted under ASML's current share buyback program.

Date	Total repurchased shares	Weighted average price	Total repurchased value
18-Mar-24	6,141	€869.22	5,337,855
19-Mar-24	16,413	€863.55	14,173,387
20-Mar-24	7,928	€877.28	6,955,039
21-Mar-24	-	-	-
22-Mar-24	11,504	€903.54	10,394,327

ASML’s current share buyback program was announced on 10 November 2022, and details are available on our website at https://www.asml.com/en/news/share-buybacks

This regular update of the transactions conducted under the buyback program is to be made public under the Market Abuse Regulation (Nr. 596/2014).

Media Relations Contacts	Investor Relations Contacts
Monique Mols, phone +31 6 528 444 18	Skip Miller, phone +1 480 235 0934
	Marcel Kemp, phone +31 40 268 6494
	Peter Cheang, phone +886 3 659 6771

What is ASML's current share buyback program about?

ASML's current share buyback program aims to repurchase its own shares to enhance shareholder value.

When was ASML's current share buyback program announced?

ASML's current share buyback program was announced on November 10, 2022.

Where can details about ASML's share buyback program be found?

Details about ASML's share buyback program can be found on their website at https://www.asml.com/en/news/share-buybacks.

Under what regulation are ASML's share buyback transactions made public?

ASML's share buyback transactions are made public under the Market Abuse Regulation (Nr. 596/2014) to ensure transparency and regulatory compliance.