ASM International Announces €150mln Share Buyback Program.

ASMI Announces EUR 150 Mln Share Buyback Program. ASM International NV, a semiconductor equipment manufacturer, has announced a share buyback program of up to EUR 150 million. The program aims to reduce the number of outstanding shares and increase shareholder value. The company specializes in designing and manufacturing equipment for wafer processing and assembly, with a global presence in Europe, Asia, and the US.

Almere, The Netherlands, April 30, 2025 — ASM International N.V. (Euronext Amsterdam: ASM) has initiated a share buyback program of up to EUR 150 million. This program, authorized on February 25, 2025, aims to reduce the number of outstanding shares and enhance shareholder value. The buyback program will commence on April 30, 2025, and is expected to conclude by January 2026, or when the aggregate purchase price of the common shares reaches EUR 150 million [1].

ASM International, a leading manufacturer of semiconductor equipment, specializes in designing and producing equipment for wafer processing and assembly. The company operates globally, with facilities in the United States, Europe, and Asia. The share buyback program will be executed by a third party within the limits of relevant laws and regulations, as well as the authority granted at the company's annual general meetings [1].

The primary objective of the share buyback program is to cover existing and expected future obligations under ongoing share programs for employees and board members. ASM will provide weekly updates on the progress of the program, starting on May 5, 2025, and will publish this information on its website (www.asm.com) [1].

This announcement follows a trend seen in the semiconductor industry, where companies are increasingly using share buybacks to return capital to shareholders. For instance, Cadence Bank recently announced a share repurchase program of up to 10 million shares, demonstrating a similar commitment to enhancing shareholder value [2].

References:
[1] https://finance.yahoo.com/news/asm-announces-start-150-million-160600753.html
[2] https://www.gurufocus.com/news/2805955/cadence-bank-announces-2025-share-repurchase-program-cade-stock-news