BE Semiconductor : Announces Transactions Under Share Repurchase Program
December 03, 2015 at 06:07 pm
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Duiven, the Netherlands, December 3, 2015 - BE Semiconductor Industries N.V. (the 'Company' or 'Besi') (NYSE Euronext: BESI; OTCQX: BESIY), a leading manufacturer of assembly equipment for the semiconductor industry, today announced that it repurchased 24,500 of its ordinary shares during the period from Wednesday November 25, 2015 up to and including Thursday December 3, 2015 at a weighted average price of € 20.10 for a total purchase amount of € 492,570. Since September 25, 2015, Besi has purchased a total of 155,081 of its ordinary shares at a weighted average price of € 17.53 for a total purchase amount of € 2,718,917. The share repurchases are part of a buy-back program announced on September 25, 2015.
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BE Semiconductor Industries N.V. (Besi) specializes in the design, manufacturing and marketing of semiconductor assembly equipment for the global semiconductor and electronics industries. The group develops leading edge assembly processes and equipment for leadframe, substrate and wafer level packaging applications in a wide range of end-user markets including electronics, mobile Internet, computer, automotive, industrial, RFID, LED and solar energy.
Net sales are distributed geographically as follows: Ireland (7.5%), Europe (8.2%), China (35.5%), Malaysia (8.4%), Korea (7.3%), Taiwan (6.5%), Thailand ( 3.6%), Asia/Pacific (11.8%), United States (8.8%) and other (2.4%).