Corporate News 29 Nov 2011 BE Semiconductor Industries Announces Transactions Under Share Repurchase Program

Duiven, the Netherlands, November 29, 2011 - 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 20,083 of its ordinary shares during the period from Monday November 21, 2011 up to and including Tuesday November 29, 2011 at a weighted average price of € 4.72 for a total purchase amount of € 94,844. Since June 6, 2011, Besi has purchased a total of 3,134,982 of its ordinary shares at a weighted average price of € 4.76 for a total purchase amount of € 14,911,116.

The share repurchases are part of a buy-back program announced on May 20, 2011 according to which the Company may repurchase up to a maximum of approximately 3.4 million ordinary shares from time to time until October 2012. The repurchase program will be implemented in accordance with industry best practices and in compliance with applicable buy-back rules and regulations and was initiated to help reduce share dilution resulting from the conversion of Besi's 5.5% Convertible Notes due 2012.

distribué par

Ce noodl a été diffusé par BE Semiconductor Industries NV et initialement mise en ligne sur le site http://www.besi.nl. La version originale est disponible ici.

Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2011-11-29 18:26:00 PM et restera accessible depuis ce lien permanent.

Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité.