ASML Holding NV (ASML) today provides
an update with additional
information in connection with its share buy back program, as announced
on January 19, 2011:
During the period from January 20 to January 28, 2011, ASML acquired
50,000 of its shares at an average price of EUR 28.37 per share.
The aggregate amount of shares repurchased in connection with the share
buy back program up to and including January 28, 2011 represents 0.14
percent of the EUR 1,000 million to be repurchased during the term of
the program.
To effect the share buy back program, ASML has mandated a financial
institution to make purchases of ASML shares in open market transactions
on ASML’s behalf. ASML intends to enter into consecutive similar
agreements following the expiration of the current agreement. Under the
terms of these agreements, the exact number of shares that are to be
purchased by the financial institutions and delivered to ASML, as well
as the timing of the purchases, is left to the discretion of the
relevant financial institution. Any repurchase activity under this
program may depend on factors such as levels of cash generation from
operations, cash requirements for investment in ASML’s business, ASML's
current share price, market conditions and other factors. These factors
may be reflected in ASML varying the maximum size of any such future
purchase mandate within the overall size of the program as announced on
January 19, 2011. The share buy back program may be suspended, modified
or discontinued at any time.
ASML intends to cancel the repurchased shares.
All future transactions under this program will be published on the ASML
website (www.asml.com/investors)
on a weekly basis.
About ASML
ASML is the world's leading provider of lithography systems for the
semiconductor industry, manufacturing complex machines that are critical
to the production of integrated circuits or chips. Headquartered in
Veldhoven, the Netherlands, ASML is traded on Euronext Amsterdam and
NASDAQ under the symbol ASML. ASML has more than 7,100 employees on
payroll (expressed in full time equivalents), serving chip manufacturers
in more than 55 locations in 16 countries. More information about our
company, our products and technology, and career opportunities is
available on our website: www.asml.com
Forward Looking Statements
"Safe Harbor" Statement under the US Private Securities Litigation
Reform Act of 1995: the matters discussed in this document may include
forward-looking statements, including statements relating to the timing
of, amounts purchased under, funding and methods of implementation of
ASML’s share buy back program. Actual events may differ materially from
current expectations. These forward looking statements are subject to
risks and uncertainties including, but not limited to risks associated
with ASML’s ability to complete the share buy back program and other
risks indicated in the risk factors included in ASML’s Annual Report on
Form 20-F and other filings with the US Securities and Exchange
Commission.
