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Besi Reports Progress in €100 Million Share Buyback Program

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Besi Reports Progress in €100 Million Share Buyback Program

BE Semiconductor ( (GB:0XVE) ) has provided an update.

BE Semiconductor Industries N.V. has reported recent share repurchase transactions under its current €100 million buyback program. The repurchases are part of a regulatory update under the Market Abuse Regulation, highlighting Besi’s strategic financial management and its aim to enhance shareholder value.

More about BE Semiconductor

Besi is a leading supplier of semiconductor assembly equipment for the global semiconductor and electronics industries, known for high accuracy, productivity, and reliability at a low cost of ownership. The company focuses on developing advanced assembly processes and equipment for various packaging applications in diverse end-user markets, including electronics, mobile internet, cloud servers, computing, automotive, industrial, LED, and solar energy, serving primarily semiconductor manufacturers and electronics companies.

YTD Price Performance: -11.61%

Average Trading Volume: 86,449

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €9.61B

See more data about 0XVE stock on TipRanks’ Stock Analysis page.

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