Veldhoven, the Netherlands, September 25, 2006
ASML Holding NV (ASML) today announced its conditional agreement to enter into financial transactions to reduce partly the dilutive impact of shares that may be issued upon conversion under the 5.75% subordinated convertible bonds due October 15, 2006.
The transactions will be consistent with prior disclosures and authorization by the Annual General Meeting of Shareholders held on March 23, 2006, to repurchase up to 10% of the issued share capital of ASML, and the company’s subsequent share buyback program completed on July 13, 2006, through which ASML acquired 5.25% of its outstanding shares.
“Along with these intended transactions, we reiterate ASML’s commitment to return excess cash to the shareholders and reduce the number of shares outstanding,” said Peter Wennink, executive vice president and Chief Financial Officer, ASML.
The proposed transactions will become effective subject to prevailing market conditions and liquidity.
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 or chips. Headquartered in Veldhoven, the Netherlands, ASML is traded on Euronext Amsterdam and Nasdaq under the symbol 'ASML'.
Contact information
- Monique Mols
- Head of Media Relations
- +31 652 844 418
- Sander Hofman
- Corporate communications manager
- +31 6 2381 0214
- Brittney Wolff Zatezalo
- Corporate communications manager US
- +14084833207
- Skip Miller
- Head Investor Relations Worldwide
- +1 480 235 0934
- Marcel Kemp
- Head Investor Relations Europe
- +31 40 268 6494
- Peter Cheang
- Head Investor Relations Asia
- +886972126372
