BILTHOVEN, The Netherlands - August 14, 2007 --- ASM International N.V. (NASDAQ: ASMI and Euronext Amsterdam: ASM) said today that it has repurchased 250,000 shares of its common stock for approximately EUR 4.7 million. The average price paid was EUR 18.67 per share. The shares were repurchased to cover a portion of the Company's outstanding stock options and are part of the Company's flexible program to use the cash dividends received from its subsidiary, ASM Pacific Technology Ltd. (ASMPT) to increase shareholder value.
This share repurchase and the cash dividend of EUR 0.10 per share, payable on September 6, 2007, to shareholders of record August 3, 2007, will be covered by part of the interim dividend that the Company expects to receive from ASMPT at the end of August. The remaining funds will be used for one or more of the following: to buy back ASMI outstanding convertible notes, to repurchase additional common shares, and/or to buy a limited number of ASMPT shares.