ASML (ASML, Financial) held its Annual General Meeting where significant resolutions concerning the company's financial and strategic direction were affirmed. Shareholders approved the statutory financial statements for the 2024 fiscal year, confirming a final dividend distribution of EUR 1.84 per ordinary share. Coupled with previous interim dividends of EUR 1.52 per share each, this culminates in a total dividend payout of EUR 6.40 per share for the year.
The meeting also endorsed various governance proposals, including the authorization to discharge the Board of Management and Supervisory Board members from their responsibilities for 2024. Additionally, shareholders approved changes to enhance the remuneration policies for both boards, reflecting an updated compensation structure.
ASML also announced the reappointment of Birgit Conix and the appointment of Karien van Gennip to the Supervisory Board. PricewaterhouseCoopers Accountants N.V. received the nod to continue as the external auditor for the 2026 financial statements, as well as for conducting sustainability reports for 2025 and 2026.
Strategically, the Board of Management gained authorization to issue ordinary shares or grant subscription rights of up to 10% for general purposes, and for use in mergers and acquisitions, during the period from April 2025 through October 2026. The board also secured approval to repurchase up to 10% of ASML’s issued share capital, with purchase conditions set between the nominal value and 110% of the market price on the Euronext Amsterdam or NASDAQ.
Lastly, as part of their ongoing strategy, ASML is set to cancel up to 10% of its issued share capital starting April 2025. The board’s remuneration report for 2024 received a favorable advisory vote, reflecting continued shareholder confidence in the current leadership. During the discussions, attention was also given to ASML’s business performance, financial status, and ESG sustainability goals.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 11 analysts, the average target price for ASML Holding NV (ASML, Financial) is $886.30 with a high estimate of $1,028.90 and a low estimate of $696.09. The average target implies an upside of 38.77% from the current price of $638.69. More detailed estimate data can be found on the ASML Holding NV (ASML) Forecast page.
Based on the consensus recommendation from 15 brokerage firms, ASML Holding NV's (ASML, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for ASML Holding NV (ASML, Financial) in one year is $1042.10, suggesting a upside of 63.16% from the current price of $638.69. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the ASML Holding NV (ASML) Summary page.
