Dividends & share buybacks
At ASM we aim to pay a sustainable annual dividend. Annually, the Supervisory Board, upon proposal of the Management Board, will assess the amount of dividend that will be proposed to the Annual General Meeting of Shareholders (AGM).
On February 28, 2023, we announced a proposed dividend of €2.50 per share for approval by the AGM on May 15, 2023.
- Ex-dividend date: May 17, 2023
- Record date: May 18, 2023
- Payment date: May 25, 2023
Subject to AGM approval, the dividend over 2022 marks the 13th consecutive year that ASM has paid a dividend.
In February 2022, ASM announced a new share buyback program of up to €100 million to be executed within the 2022/2023 time frame.
The program started on April 27, 2023, and will end as soon as the aggregate purchase price of the common shares acquired by ASM has reached €100 million, but ultimately on November 15, 2023.
ASM has the intention to reduce its capital by withdrawing the shares repurchased as part of this share buyback program, save for such number of treasury shares as maybe necessary to fund ongoing share and option programs for employees and board members. The repurchase program is part of ASM's commitment to return excess cash to our shareholders through share buybacks.
Progress of the share buyback program will be updated on a weekly basis, starting on May 1, 2023.
June 5, 2023 weekly update:
In the week of May 29, 2023, no shares were repurchased. Of the total program, 23.3% has been repurchased. For additional details on the weekly update, click on this link.
Click here to visit our previous share buyback programs.