ASM International Completes €150 Million Share Buyback Program
ASM International Completes €150 Million Share Buyback Program
ASM International N.V. (Euronext Amsterdam: ASM) has successfully completed its significant share buyback program valued at €150 million. This announcement is indicative of the firm’s strategic approach to enhancing shareholder value and utilizing excess cash effectively.
Details of the Buyback Program
The share buyback initiative commenced on April 30 of this year, following authorization decisions made on February 25. Within just a few months, ASM has repurchased a total of 322,533 shares at an average price of €465.07, culminating on July 25, 2025.
Transaction Overview
Executed by a third party, the repurchase program reflects ASM's commitment to utilize its surplus cash in a manner that directly benefits its shareholders. Upon completion, ASM plans to reduce its capital and withdraw the repurchased shares, while retaining a small number to support ongoing employee and board member share and option programs.
Weekly Update on Recent Transactions
During the last few days of the buyback period, significant transactions took place:
The following are details of the shares repurchased from July 22 to July 25, 2025:
- July 22: 3,219 shares at an average price of €508.65, totaling €1,637,359.
- July 23: 61,700 shares at €459.41, amounting to €28,345,474.
- July 24: 71,352 shares at €449.20, leading to a total value of €32,051,654.
- July 25: 52,363 shares at €430.52, reaching €22,543,088.
This brings the total shares repurchased to 188,634 at an average price of €448.37, reflecting a total expenditure of approximately €84,577,575.
About ASM International N.V.
ASM International N.V. is a distinguished player in the semiconductor industry, with its headquarters situated in Almere, the Netherlands. The company designs and produces cutting-edge equipment and process solutions that facilitate the production of semiconductor devices used in wafer processing. With operational facilities across the United States, Europe, and Asia, ASM is positioned as a global leader in its field.
The company's common stock is actively traded on the Euronext Amsterdam Stock Exchange under the ticker symbol ASM. To learn more about ASM and its commitment to innovation, you can explore the official website.
Investor Relations
For those seeking to understand more about ASM's strategic initiatives or financial performance, the investor relations team is available to provide insights and detailed information. The dedicated contacts for investor inquiries are:
Victor Bareño
T: +31 88 100 8500
E: investor.relations@asm.com
Valentina Fantigrossi
T: +31 88 100 8502
E: investor.relations@asm.com
Frequently Asked Questions
What is the main focus of ASM International?
ASM International focuses on designing and manufacturing equipment and process solutions for semiconductor devices.
How much did ASM spend on the recent buyback program?
The total expenditure for the buyback program was approximately €84,577,575, with 188,634 shares repurchased.
Why does ASM conduct share buyback programs?
Share buyback programs are conducted to enhance shareholder value and effectively utilize excess cash.
What is ASM's stock symbol on the stock exchange?
ASM's common stock trades under the ticker symbol ASM on the Euronext Amsterdam Stock Exchange.
Who can investors contact for information about ASM?
Investors can reach out to Victor Bareño or Valentina Fantigrossi through the specified phone numbers and email for any inquiries.
About The Author
Contact Riley Hayes privately here. Or send an email with ATTN: Riley Hayes as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.