ASM International stock gets fresh capital-return trigger as buyback starts

Published on 11/11/2026 at 17:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ASM International stock gets a fresh capital-return trigger as its new buyback starts. The program is intended to support employee and board compensation obligations.

Buyback Begins as Outlook Holds

ASM started a new share repurchase program on November 11.
The purchases are intended to cover current and expected share-based compensation obligations.
Management continues to target 2027 revenue above 5.7 billion euros at constant currencies.

ASM, NL0000334118, Illustration mit AI erstellt.

ASM International began its new share buyback program on Wednesday, November 11, adding a fresh capital-return development to the companys record-quarter growth story. The launch was announced by GlobeNewswire.

A New Capital Return Program

The program can cover purchases of up to 300 million euros and is scheduled to end when that limit is reached, or by October 2027 at the latest. A third party will execute the purchases under the companys legal and shareholder-authorized framework.

ASM said it intends to use the repurchased shares for existing and expected obligations under share-based compensation programs for employees and board members. The launch follows completion of the earlier 150 million euro program in September, under which ASM bought 185,522 shares at an average price of 808.53 euros.

Growth Remains the Main Driver

The buyback supplements a stronger operating outlook from the third quarter. ASM reported revenue of 1,159.4 million euros for the three months ended September 30, a 45 percent year-on-year increase on a reported basis. Adjusted operating margin reached 33.4 percent, while adjusted net earnings rose to 315.4 million euros from 206.2 million euros.

Management expects fourth-quarter revenue of 1,230 million euros, plus or minus 5 percent, at constant currencies. It also projects 2027 revenue above 5.7 billion euros at constant currencies, which would bring forward the former 2030 target by three years. Advanced logic and foundry demand remain the strongest medium-term growth drivers, with memory demand also expected to stay strong.