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Capital return & financing

Dividend, share buyback, bonds, credit rating, standby facility and commercial paper

Dividend

ASML aims to distribute a dividend that will be growing over time, paid quarterly.

On an annual basis, the Board of Management, upon prior approval from the Supervisory Board, submits a proposal to the AGM with respect to the amount of dividend to be declared with respect to the prior year, taking into account any interim dividend distributions. The dividend proposal in any given year will be subject to availability of distributable profits, retained earnings and cash, and may be affected by, among other things, our view of potential future liquidity requirements including for investments in production capacity, working capital requirements, the funding of our R&D programs and acquisition opportunities that may arise from time to time.


The following graph shows the last five years of dividend, in EUR:

Dividend pay out

On 16 October, 2024 ASML announced that an interim dividend of €1.52 per ordinary share will be made payable on November 7, 2024.


Ex-dividend date: October 29, 2024

Fixing date EUR/USD conversion for NY shares: October 29, 2024 (4:00 PM CET)

Record date Nasdaq: October 29, 2024

Record date Euronext: October 30, 2024

Payment date: November 7, 2024


On October 29, 2024 at 4.00 PM CET the EUR/USD conversion rate for the payment of the final dividend on November 7, 2024 to ASML’s New York Shareholders in USD was fixed at 1.07984.


The intended timetable for ASML Holding N.V. quarterly dividends (to be) paid in 2025 will be as follows:

EventAnnouncement date
Ex-dividend date Euronext
Ex-dividend date Nasdaq
Fixing date (and time) EUR/USD
conversion for New York shares
Record datePayment date
Interim dividend
29 January 2025
10 February 2025
11  February 2025
11  February 2025 (4.00 PM CET)
11  February 2025
19 February 2025
Final dividend 2024*
29 January 2025*
25 April 2025
28 April 2025
28 April 2025 (4.00 PM CET)
28 April 2025
6 May 2025
Interim dividend
16 July 2025
28 July 2025
29 July 2025
29 July 2025 (4.00 PM CET)
29 July 2025
6 August 2025
Interim dividend
15 October 2025
28 October 2025
29 October 2025
29 October 2025 (4.00 PM CET)
29 October 2025
6 November 2025

* Voting item General Meeting of Shareholders 23 April 2025

Share buyback

In addition to dividend payments, we intend to return cash to our shareholders on a regular basis through share buybacks or capital repayment, subject to our actual and anticipated level of liquidity requirements and other relevant factors.


The following graph shows the last five years of share buyback repurchased, cumulative from initial start in 2006, in million EUR:

Find out more about previous and current share buyback programs.

Bonds

The following graph shows the current debt maturity schedule in EUR millions:

Bond Information

The following table shows the bond information for each debt type:

Debt typeIssuerMaturityCurrencyVolume Outstanding (mln €)ISIN code
3.500% EUR bondASML Holding N.V.6 Dec 2025EUR
1,000
XS2631416950
1.375% EUR BondASML Holding N.V.7 Jul 2026EUR
1,000
XS1405780963
1.625% EUR BondASML Holding N.V.28 May 2027EUR
750 
XS1527556192
0.625% EUR BondASML Holding N.V.7 May 2029 EUR
750 
 XS2166219720
0.250% EUR BondASML Holding N.V.25 Feb 2030EUR
750 
XS2010032378

Green bond Information

The following table shows the green bond information for each green debt type:

Head 1 Head 2
Green Bond FrameworkDownloadSecond party opinionDownload
Allocation Report 2022DownloadImpact Report 2022 Download
Allocation Report 2023DownloadImpact Report 2023 Download
Debt typeIssuerMaturityCurrencyVolume Outstanding (mln €)ISIN code
2.250% EUR bondASML Holding N.V.
17 May 2032EUR
500
XS2473687106
Credit Rating

ASML is committed to maintain a capital structure that supports a solid investment grade credit rating. Regular review meetings are held between rating agencies and ASML senior management. See table for present rating and outlook:

Rating agencyLong-term ratingShort-term ratingOutlookRelated links
Moody's*A2
P-1positiveMoody’s credit opinion May 2, 2024
Fitch**A+-stableFitch rating action commentary, May 17, 2024

*Rating upgraded to A2 from A3 on August 30, 2021

**Rating upgraded to A+ from A on May 17, 2024

Standby Facility
BorrowerFacility amountMaturity
ASML Holding N.V.
€ 1,500 million
2029
Commercial paper
TypeAmount
Euro Commercial Paper (ECP) Programme€ 1,500 million