ASML (ASML, Financial), a leading Dutch semiconductor company, recently repurchased nearly $30 million worth of its own shares as part of an ongoing stock buyback program initiated in 2022. The company acquired 35,487 shares, spending $14.34 million on July 14 and another $14.34 million on July 15, with weighted average prices of $796 and $820 per share, respectively.
Following the release of its second-quarter fiscal 2025 earnings, ASML's stock price declined. The company cited macroeconomic and geopolitical uncertainties as factors clouding the outlook for 2026's performance growth. Despite the robust fundamentals of its AI clients, CEO Christophe Fouquet highlighted the increasing uncertainties impacting the company's future projections, making it challenging to confirm growth expectations for 2026 at this stage.
Investment firm Evercore ISI suggested that the post-earnings dip in ASML's stock presents a buying opportunity for investors. As of the most recent U.S. market close, ASML shares fell by 2.03%, closing at $719.68, though they have gained 4% year-to-date.
