Welcome to our dedicated page for ASML Holding news (Ticker: ASML), a resource for investors and traders seeking the latest updates and insights on ASML Holding stock.
ASML Holding N.V. supplies semiconductor manufacturers with lithography hardware, software and services used to mass produce integrated-circuit patterns. Company news commonly covers quarterly and annual results, net bookings, EUV system demand, backlog, Installed Base Management sales and guidance for net sales and gross margin.
Recurring ASML updates also include share repurchase transactions under its buyback program, dividend policy, Annual General Meeting results, Board of Management and Supervisory Board matters, sustainability reporting and regulated disclosures under European market-abuse rules. ASML ordinary shares trade on Euronext Amsterdam and Nasdaq under the symbol ASML.
ASML has reported new transactions under its ongoing share buyback program initiated on January 22, 2020. On October 15 and 16, 2020, ASML repurchased a total of 89,927 shares at an average price of approximately 331.25 per share, totaling about 29.78 million in value. These buyback activities aim to enhance shareholder value and are disclosed under the Market Abuse Regulation.
ASML reported €4.0 billion in net sales for Q3 2020, achieving a gross margin of 47.5% and net income of €1.1 billion. Net bookings reached €2.9 billion, reflecting strong demand. The company expects fourth-quarter revenue between €3.6 billion and €3.8 billion, confirming a full-year forecast of at least €13.3 billion. Additionally, an interim dividend of €1.20 per share is planned, with a share buyback program to resume soon. CEO Peter Wennink anticipates low double-digit growth for 2021, acknowledging macroeconomic uncertainties.