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News Article

Investment & expansion

Wednesday 19th May 2004

austriamicrosystems has completed its Swiss stock exchange listing following its initial public offering (IPO).
austriamicrosystems has completed its Swiss stock exchange listing following its initial public offering (IPO). The IPO consisted of 3.7mn shares at a price of CHF35 (EUR22.7) per share. The total volume of the offering was CHF129.5mn (EUR 84.1mn) of which the company will receive CHF63.8mn (EUR41.5mn). The money will be used to pay back long term debt. austriamicrosystems specialises in producing analogue and mixed signal ICs.
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