Published:
ASM International N.V. Announces Common Share Repurchase
ASM International
N.V. (NASDAQ: ASMI) and (Euronext Amsterdam: ASM) said today that it
has repurchased 250,000 shares of its common stock for approximately
EUR 4.4 million. The average price paid was EUR 17.74 per share. The
shares were repurchased to cover a portion of the Company's
outstanding stock options and are part of the company's flexible
program to use the cash dividends received from its subsidiary, ASM
Pacific Technology Ltd. to increase shareholder value.
About ASM
ASM International N.V., headquartered in Bilthoven, the Netherlands,
and its subsidiaries design and manufacture equipment and materials
used to produce semiconductor devices. ASM International and its
subsidiaries provide production solutions for wafer processing
(Front-end segment) as well as assembly and packaging (Back-end
segment) through facilities in the United States, Europe, Japan and
Asia. ASM International's common stock trades on NASDAQ (symbol ASMI)
and the Euronext Amsterdam Stock Exchange (symbol ASM). For more
information, visit ASMI's web site at www.asm.com.
Safe Harbor Statement under the U.S. Private Securities Litigation
Reform Act of 1995: All matters discussed in this statement, except
for any historical data, are forward-looking statements.
Forward-looking statements involve risks and uncertainties that could
cause actual results to differ materially from those in the
forward-looking statements. These include, but are not limited to,
economic conditions and trends in the semiconductor industry
generally and the timing of the industry cycles specifically,
currency fluctuations, the timing of significant orders, market
acceptance of new products, competitive factors, litigation involving
intellectual property, shareholder and other issues, commercial and
economic disruption due to natural disasters, terrorist activity,
armed conflict or political instability, epidemics and other risks
indicated in the Company's filings from time to time with the U.S.
Securities and Exchange Commission, including, but not limited to,
the Company's reports on Form 20-F and Form 6-K. The Company assumes
no obligation nor intends to update or revise any forward-looking
statements to reflect future developments or circumstances.
September 5 2008 stock repurchase:
http://hugin.info/132090/R/1249380/271206.pdf
Copyright © Hugin AS 2008. All rights reserved.
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