ASML Holding (ASML) Completes Synthetic Common Buyback

December 4, 2012 6:17 AM EST Send to a Friend
Get Alerts ASML Hot Sheet
Trade ASML Now!
ASML Holding NV (NASDAQ: ASML) announces that it has completed the Synthetic Buyback which forms part of ASML’s Customer Co-Investment Program announced on 9 July 2012.

With the execution of the Synthetic Buyback, ASML has made a EUR 3.85 billion cash capital repayment to its shareholders (other than the three participating customers in the Customer Co-Investment Program) and has reduced the number of issued shares by 96.566.124 as a result of the reverse stock split. This is effectively equivalent to ASML buying back the shares issued to the participating customers in the Customer Co-Investment Program at a price of EUR 39.91 per share, which is the per share price paid by those participating customers.


Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here



You May Also Be Interested In


Related Categories

Corporate News, Stock Buybacks

Add Your Comment