Technology
ASML Confirms Details of the Synthetic Buyback
Veldhoven
ASML Veldhoven (Source: asml)
USPA NEWS -
ASML Holding NV confirms yesterday that none of its creditors has opposed the capital repayment which forms part of the Customer Co-Investment Program announced on 9 July 2012.ASML is one of the world's leading providers of lithography systems for the semiconductor industry.
ASML will proceed with the cash capital repayment of EUR 9.18 per ordinary share and the consolidation of outstanding ordinary shares (the reverse stock split) in a ratio of 77 shares for every 100 shares and confirms that the ex-entitlement date will be 26 November 2012, the record date will be 28 November 2012 and the cash capital repayment will be made on 3 December 2012. Holders of New York shares will receive the cash capital repayment in U.S. dollars at an exchange rate that will be determined on 27 November 2012.
Shares issued to the three Stichtingen for participating customers under the Customer Co-investment Program will not participate in this Synthetic Buyback.
About ASML´s Customer Co-Investment Program
Three ASML customers ““ Intel, TSMC and Samsung ““ have agreed to contribute EUR 1.38 billion to ASML's research and development of next-generation lithography technologies over five years, specifically aimed at accelerating EUV lithography and 450mm lithography development. As part of the Customer Co-Investment Program, but separate from the R&D contribution, ASML received EUR 3.85 billion for issuing shares to the three participating customers.
This cash will be returned to shareholders (excluding participating customers)
About ASML´s Customer Co-Investment Program
Three ASML customers ““ Intel, TSMC and Samsung ““ have agreed to contribute EUR 1.38 billion to ASML's research and development of next-generation lithography technologies over five years, specifically aimed at accelerating EUV lithography and 450mm lithography development. As part of the Customer Co-Investment Program, but separate from the R&D contribution, ASML received EUR 3.85 billion for issuing shares to the three participating customers.
This cash will be returned to shareholders (excluding participating customers)
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