ASML's Buyback Program Sees Significant Share Repurchases

Overview of ASML's Share Buyback Program
ASML Holding N.V. (ASML) has recently shared details on its ongoing share buyback program, a strategy designed to bolster shareholder value. This program reflects the company's commitment to returning capital to its investors while maintaining a robust capital structure.
Transactions Reported
During the latest reporting period, ASML executed several significant transactions as part of its buyback initiative. Below are the details of shares repurchased:
Recent Transactions Insights
On April 7, the company repurchased 120,085 shares at a weighted average price of €539.75, totaling €64,815,398. Just a day later, on April 8, ASML continued its momentum with 112,924 shares bought at an average price of €573.97, amounting to €64,815,361.
April 9 witnessed the purchase of 116,403 shares at an average of €556.82, bringing the total to €64,815,407. ASML did not slow down; the following day, on April 10, it acquired 108,933 shares priced at €595.00, totaling €64,815,135. Finally, on April 11, ASML secured 111,306 shares, with an average price of €582.32, culminating in €64,815,476.
Implications of the Share Buybacks
The actions taken under the buyback program indicate ASML’s strategic decision to invest in its own shares, which can improve earnings per share and signal confidence in the company’s future performance. This program is not only a mechanism for capital return but also a powerful statement of financial health and market strength.
Background of the Buyback Program
ASML's current share buyback program has been on the table since November 10, 2022. Amidst the fast-evolving semiconductor industry landscape, share repurchases provide ASML the flexibility to manage its capital effectively.
Media and Investor Relations
Communication and transparency are key components of ASML's operations. The company ensures that stakeholders have access to essential developments regarding financial strategies and market positioning. If you have inquiries, here are the contacts:
Media Relations Contacts
Monique Mols can be contacted at +31 6 528 444 18.
Investor Relations Contacts
For investor-related questions, Jim Kavanagh is available at +31 40 268 3938, while Pete Convertito can be reached at +1 203 919 1714. Additionally, Peter Cheang is on hand at +886 3 659 6771.
Frequently Asked Questions
What is ASML's share buyback program?
ASML's share buyback program is designed to repurchase its own shares, thereby enhancing shareholder value and demonstrating financial stability.
How many shares did ASML repurchase recently?
In recent transactions, ASML repurchased a total of approximately 570,000 shares over a span of five days.
What is the average price of the shares repurchased?
The weighted average price for the shares repurchased ranged from €539.75 to €595.00, reflecting a strategic investment.
When was the buyback program announced?
The current share buyback program was announced on November 10, 2022.
Who can be contacted for more information on ASML's buyback?
Media relations inquiries can be directed to Monique Mols, while investors can reach out to Jim Kavanagh or Pete Convertito for additional insights.
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