ASM International Launches €150 Million Share Buyback Initiative

Author: Henry Turner Updated: 04-29-2025 12:16 PM

ASM International Announces Major Share Buyback Program

ASM International N.V. has officially launched a €150 million share buyback program aimed at enhancing shareholder value. This exciting initiative is set to commence on April 30, 2025, following the management board's approval earlier this year.

Details of the Buyback Program

The share buyback program is designed to purchase ASM’s common shares with a total value of €150 million. The accumulation of shares is expected to conclude once this purchase limit is reached, though it should not extend beyond January 2026. This strategic move is part of ASM's ongoing efforts to optimize its capital structure and provide additional value to its shareholders.

Guidelines and Regulations

In compliance with relevant laws and regulations, the buyback will operate under the authority granted at ASM’s Annual General Meeting (AGM) held in May 2024, and further authorizations expected from the upcoming AGM in May 2025. A third-party entity will manage the execution of this program, ensuring adherence to all required legal frameworks.

Use of Acquired Shares

ASM plans to utilize the repurchased shares to satisfy current and future obligations linked to employee and board member share programs. The total limit for shares to be repurchased is set at 4,714,465, demonstrating the company's commitment to its employees and enhancing their engagement.

Market Updates and Progress Reporting

Investors and stakeholders can expect regular updates regarding the buyback program's progress. ASM has committed to providing market updates on a weekly basis, starting May 5, 2025. These updates will be accessible on ASM's official website.

About ASM International

Headquartered in Almere, the Netherlands, ASM International N.V. specializes in developing advanced equipment and solutions for semiconductor device production and wafer processing. With a robust global presence, the company operates facilities across the United States, Europe, and Asia. ASM International’s common stock is traded on the Euronext Amsterdam under the symbol ASM, and also available in OTC markets as ASMIY.

Company Contact Information

For any inquiries regarding this share buyback program or for investor relations, contact Victor Bareño at +31 88 100 8500 or Valentina Fantigrossi at +31 88 100 8502. You can reach out via email at investor.relations@asm.com for further communication.

Frequently Asked Questions

What is the purpose of ASM's share buyback program?

The buyback program aims to enhance shareholder value by optimizing ASM's capital structure.

When does the share buyback program start?

The program is set to commence on April 30, 2025.

How many shares will ASM repurchase?

The total number of shares to be purchased is capped at 4,714,465.

How will ASM communicate updates about the buyback program?

ASM will provide weekly market updates starting May 5, 2025, available on their website.

Where can I find more information about ASM International?

For more information, visit ASM’s official website at www.asm.com.

About The Author

Hi there, As a writer and financial specialist, Henry Turner is passionate about guiding people through the complex world of finance. Having worked in finance for many years, I am an expert at simplifying difficult financial ideas into understandable, useful insights for my blog and articles. My goal is to arm you with the confidence and information you need to make wise financial choices.

Writing for a number of financial blogs has allowed me to interact with readers from novice investors looking for fresh ideas to seasoned investors starting their financial journeys. My mission is to enable everyone to understand and access finance, so enabling you to confidently and clearly reach your financial goals. I appreciate you traveling with me toward success and financial literacy.

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