Our strategy aims to create sustainable value for all our stakeholders. As part of this strategy, we are committed to creating long-term shareholder value. This chapter provides information that is particularly relevant for shareholders and investors, including information related to the share listing and share price performance, dividends, and share buybacks.
ASMI’s shares are listed on the NYSE Euronext Amsterdam exchange (symbol: ASM) where ASMI is included in the Midcap index.
On December 31, 2016, we had 59,815,843 outstanding common shares, with 3,039 registered with us in the Netherlands; 59,409,659 registered with our transfer agent in the Netherlands, ABN AMRO Bank NV; and 403,145 registered with our transfer agent in the United States, Citibank, NA, New York.
At year-end, ASMI had a total of 59,815,843 shares outstanding. The market capitalization of ASMI at year-end was €2,551 million, based on the closing share price of €42.64 at Euronext Amsterdam on December 30, 2016. At year-end 2015, the market capitalization was €2,231 million.
The graph below provides an overview of the shareholders' structure. Further details on the largest reported shareholders can be found in the Corporate Governance chapter.
VOLUNTARY DELISTING FROM NASDAQ
On July 29, 2015, we announced that we would apply for the voluntary delisting from the Nasdaq market. This was due to the low and declining trading volume of our NY Registry Shares on Nasdaq, which at that time accounted for less than 1% of the worldwide trading volume of our shares. On August 21, 2015, we announced that the delisting from Nasdaq had become effective. Since that date, our NY Registry Shares have been eligible for trading on the over-the-counter (OTC) market in the United States under the symbol ASMIY (www.otcmarkets.com).
On December 30, 2016, the closing price of ASMI’s shares on Euronext Amsterdam was €42.64. The highest closing price during the year was €43.05, on December 27, 2016, and the lowest was €32.14, on January 8, 2016. The average daily trading volume of ASMI shares on Euronext Amsterdam in 2016 was 197,807. This compares to an average daily volume of 236,152 in 2015.
The graph below shows the performance of ASMI’s shares on Euronext. The total share return in this graph is the performance of the share including dividends paid and capital returned over the period.
Following the voluntary delisting from Nasdaq in August 2015, our NY Registry Shares have been eligible for trading on the over-the-counter (OTC) market in the United States under the symbol ASMIY. Information on the trading and share price of our shares on the OTC market in the United States can be found on www.otcmarkets.com.
20th LISTING ANNIVERSARY EURONEXT AMSTERDAM
ASMI visited Euronext Amsterdam on December 12, 2016, to celebrate the 20th anniversary of the company’s listing on the Amsterdam exchange.