Tranche Update on BE Semiconductor Industries N.V.'s Equity Buyback Plan announced on July 26, 2018.
October 26, 2021 at 09:03 am
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From July 1, 2021 to September 30, 2021, the company has repurchased 189,838 shares, representing 0.24% for ?14.2 million. With this, the company has completed the repurchase of 4,033,154 shares, representing 5.47% for ?119.3 million under the buyback announced on July 26, 2018.
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%).