On February 17, 2020, ASMI completed its €100 million share buyback program 2019-2020.
On July 23, 2019, ASMI announced the authorization of a new share buyback program for up to €100 million. The 2019-2020 share buyback program started on November 1, 2019, and ended on February 17, 2020. In total, we repurchased 984,279 shares at an average price of €101.60, under the 2019-2020 program.
This share buyback program was executed by a third party. ASMI has the intention to reduce its capital by withdrawing the shares repurchased as part of the 2019-2020 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 ASMI's commitment to use excess cash for the benefit of its shareholders.
For previous share buyback programs, please visit