ASM completes EUR 150 million buyback as ASM stock sits 12.39 percent below its high

Published on 10/06/2026 at 14:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter 2026 revenue hit EUR 1.00 billion, up 24.00 percent. ASM stock costs EUR 957.10 on October 6, 2026 versus EUR 948.90, plus 0.86 percent.

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ASM International completed its EUR 150 million share buyback program on September 14, 2026, and ASM stock stood 12.39 percent below its 52-week high. FinanzNachrichten.de reported that the program repurchased 185,522 shares at an average price of EUR 808.53.

Buyback closes at EUR 150 million

The completed program gives ASM a defined capital-allocation milestone after it began on August 10, 2026. The company said the repurchased shares are intended to cover existing and expected future obligations under employee and board share-based compensation programs.

The latest operating figures provide the more important test for valuation. In the second quarter of 2026, revenue reached EUR 1.00 billion, up 24.00 percent year over year at constant currency and above guidance of EUR 980.00 million, while adjusted operating margin was 33.00 percent, according to the Yahoo Finance transcript dated July 29, 2026.

Revenue growth meets a high margin

ASM also expects third-quarter 2026 revenue of EUR 1.10 billion and second-half revenue growth above 20.00 percent at constant currency. The earnings mix remains concentrated in leading-edge logic and foundry, while memory demand linked to high-bandwidth memory offers an additional growth channel.

For the next catalyst, ASM is scheduled to publish third-quarter 2026 results on October 27, 2026, according to Marketscreener. The same September 23, 2026 page lists a consensus of 19 analysts as Buy with an average target of EUR 1,125.89, placing the debate on execution rather than the completed buyback.

ASM stock stays below its yearly high

ASM stock was trading at EUR 957.10 at Lang & Schwarz on October 6, 2026 at 2:15 p.m. CEST, up 0.86 percent versus the prior close of EUR 948.90. The 52-week range was EUR 459.70 to EUR 1,092.50, while market capitalization stood at EUR 46.9 billion as of October 6, 2026. The further course of trading is shown by the continuously updated real-time quote of ASM stock.