BE Semiconductor : Industries Announces Transactions Under Share Repurchase Program
September 12, 2016 at 03:05 pm EDT
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Duiven, the Netherlands, September 12, 2016 - BE Semiconductor Industries N.V. (the 'Company' or 'Besi') (Euronext Amsterdam: BESI; OTC: BESIY - Nasdaq International Designation), 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 Friday September 2, 2016 up to and including Monday September 12, 2016 at a weighted average price of € 28.03 for a total purchase amount of € 686,673. Since September 25, 2015, Besi has purchased a total of 904,831 of its ordinary shares at a weighted average price of € 21.67 for a total purchase amount of €19,607,341. The share repurchases are part of a buy-back program announced on September 25, 2015.
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BE Semiconductor Industries NV published this content on 12 September 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 September 2016 19:05:03 UTC.
Original documenthttp://www.besi.com/investor-relations/press-releases/details/be-semiconductor-industries-announces-transactions-under-share-repurchase-program-53/
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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%).