ASML Notifies Details Of Synthetic Buyback
Netherlands headquartered lithography tool manufacturer, ASML Holding NV has confirmed that none of its creditors has opposed the capital repayment which forms part of the Customer Co-Investment Program announced on 9th July 2012.
ASML will proceed with the cash capital repayment of €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.
The firm also confirms that the ex-entitlement date will be 26th November 2012, the record date will be 28th November 2012 and the cash capital repayment will be made on 3rd 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 27th November 2012.
Shares issued to the three Stichtingen for participating customers under the Customer Co-investment Program will not participate in this Synthetic Buyback.