ASML Announces Update of its Share Buyback Program.VELDHOVEN, the Netherlands -- ASML Holding ASML is a Dutch company and the world’s primary supplier of lithography systems for the semiconductor industry. Of all the major chip producers worldwide, more than 80% are ASML customers. NV (ASML ASML Abstract State Machine Language ASML Anisotropic Shielded Microstrip Line ) today announced progress in connection with its share buyback program disclosed on February 14, 2007 as follows: * To effect the share buyback, ASML has entered into an agreement with a bank. Under the terms of the agreement, the exact number of shares that are to be purchased by the bank and delivered to ASML, as well as timing of the purchases, is left to the discretion of the bank, within pre-agreed ranges. * During the period from February 14 through February 16, 2007, ASML acquired 3,275,000 of its shares pursuant to the share buyback program, at an average price of EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 19.62 per share. * The aggregate number of shares bought back up to and including February 16, 2007 represents 40.9 percent of the announced objective of the remaining 1.7 percent of outstanding ordinary shares (equal to 8 million shares) as authorized by the Annual General Meeting of Shareholders on March 23, 2006. * ASML's share buyback program was announced on February 14, 2007 and will terminate on March 27, 2007. * The repurchased shares will be used to cover outstanding stock options. About ASML ASML is the world's leading provider of lithography lithography (lĭthŏg`rəfē), type of planographic or surface printing. It is distinguished from letterpress (relief) printing and from intaglio printing (in which the design is cut or etched into the plate). systems for the semiconductor industry, manufacturing complex machines that are critical to the production of integrated circuits Integrated circuits Miniature electronic circuits produced within and upon a single semiconductor crystal, usually silicon. Integrated circuits range in complexity from simple logic circuits and amplifiers, about 1/20 in. (1. or chips. Headquartered in Veldhoven, the Netherlands, ASML is traded on Euronext Amsterdam and NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on under the symbol ASML. For more information, visit the Web site at ASML.com. |
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