ASML Shareholders Approve EUR 960 Million Capital Repayment and Reverse Stock Split.VELDHOVEN, the Netherlands -- Today's extraordinary General Meeting of shareholders of 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 ) approved the return of approximately 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. 960 million to shareholders. Following an announcement on May 31 to return cash to shareholders, the extraordinary General Meeting of Shareholders approved all three proposals to amend the company's Articles of Association. As a result of these amendments, EUR 2.04 per ordinary share will be distributed in cash and a consolidation of all outstanding ordinary shares at a ratio of 8 for 9 will occur. The exact record date for payment on the ordinary shares and the effectuation of the reverse stock split will be announced in due course. ASML has shown its ability to be profitable throughout industry cycles and generate cash above its operational needs. It is committed to return excess cash to shareholders and to regularly review the efficiency of the company's capital structure. In addition, the extraordinary General Meeting of Shareholders also appointed Mr. R. Deusinger as member of the Supervisory Board Supervisory board The board of directors that represents stakeholders in the governance of the corporation. , effective July 17, 2007. 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 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 website at ASML.com. |
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