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ASML discloses 2021 AGM results
ASML Netherlands BVApril 29, 2021 GMT
ASML discloses 2021 AGM results
Veldhoven, the Netherlands, 29 April 2021 – ASML Holding NV (ASML) today announces the results of its Annual General Meeting of Shareholders (AGM) held on April 29, 2021.
At the AGM, ASML’s statutory financial statements for the 2020 financial year were adopted.
In addition, the following items were approved:
Proposal to adopt a final dividend payment of €1.55 per ordinary share, which, together with the interim dividend paid on November 13, 2020, leads to a total dividend for 2020 of €2.75 per ordinary share
April 9, 2021
The world is running short of semiconductor chips running so short that Subaru has temporarily closed a plant in Japan, 5G network rollouts are delayed, Apple is worried about production hiccups, and new PlayStation 5s are nearly impossible to find. The reason for the shortfall may be plain to see production slowdowns during the pandemic, compounded by booming demand for consumer technology but the shortfall itself shows the stunning ubiquity of the chip today, and the dense complexity of the supply chains that produce it.
Which makes it all the more remarkable that a single Dutch company sits at the very heart of this $439 billion industry. At its headquarters in Veldhoven, in the Netherlands, ASML assembles photolithography machines, which etch circuit patterns onto chip wafers using low-wavelength light. Other companies make such machines too, but ASML controls more than 60% of the market; in 2019, its revenue was 11.8 billion euros ($13.2 billion). It is also the
21 January
Chief strategy officer Frits van Hout will retire from ASML upon completion of his current appointment term, which ends 29 April 2021. The Veldhoven company didn’t appoint a successor, distributing Van Hout’s responsibilities over the remaining five management board members.
Credit: ASML
After serving with ASML intermittently from 1984, Van Hout was appointed to the board of management in 2009 as chief marketing officer. In 2013, he became chief program officer to the development of the EUV business, bringing it to a level where EUV was widely accepted. In April 2018, he assumed the role of chief strategy officer, focusing on strategy and strategic supplier relations.