ASML announces EUR 2.5B share buyback program, to boost dividend
ASML will submit a proposal to the 2018 Annual General Meeting of Shareholders to declare a dividend in respect of 2017 of EUR 1.40 per ordinary share for a total amount of approximately EUR 600 M, compared with a dividend of EUR 1.20 per ordinary share paid in respect of 2016. ASML announces a new share buyback program, to be executed within the 2018-2019 time frame. As part of this program, ASML intends to purchase shares up to EUR 2.5B. ASML intends to cancel these shares after repurchase, with the exception of up to 2.4M shares which will be used to cover employee share plans. This buyback program will start on January 18, 2018.