Press release - Veldhoven, the Netherlands, January 31, 2011
ASML Holding NV (ASML) today provides an update with additional information in connection with its share buyback program, as announced on January 19, 2011:
During the period from January 20 to January 28, 2011, ASML acquired 50,000 of its shares at an average price of €28.37 per share.
The aggregate amount of shares repurchased in connection with the share buyback program up to and including January 28, 2011, represents 0.14% of the €1,000 million to be repurchased during the term of the program.
To effect the share buyback program, ASML has mandated a financial institution to make purchases of ASML shares in open market transactions on ASML's behalf. ASML intends to enter into consecutive similar agreements following the expiration of the current agreement. Under the terms of these agreements, the exact number of shares that are to be purchased by the financial institutions and delivered to ASML, as well as the timing of the purchases, is left to the discretion of the relevant financial institution. Any repurchase activity under this program may depend on factors such as levels of cash generation from operations, cash requirements for investment in ASML's business, ASML's current share price, market conditions and other factors. These factors may be reflected in ASML varying the maximum size of any such future purchase mandate within the overall size of the program as announced on January 19, 2011. The share buy back program may be suspended, modified or discontinued at any time.
ASML intends to cancel the repurchased shares.
All future transactions under this program will be published at www.asml.com/investors on a weekly basis.
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