Our strategy aims to create sustainable value for all our stakeholders. As part of this strategy, we are committed to the creation of 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 Stock Exchange in Amsterdam (symbol: ASM) where ASMI is included in the Midcap index.
On March 18, 2016, we had 61,236,072 outstanding common shares, with 2,142,039 registered with us in the Netherlands; 58,628,604 registered with our transfer agent in the Netherlands, ABN AMRO Bank NV; and 465,429 registered with our transfer agent in the United States, Citibank, NA, New York.
At year-end, ASMI had a total of 61,706,387 shares outstanding. The market capitalization of ASMI was €2,231 million on December 31, 2015, based on that day’s closing share price of €36.16 at Euronext Amsterdam.
An overview of 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. The reason was the low and declining trading volume of the 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 31, 2015, the closing price of ASMI's share on Euronext Amsterdam was €36.16. The highest closing price during the year was €45.91 on June 6, 2015 and the lowest was €27.57 on September 24, 2015. The average daily trading volume of ASMI shares on Euronext Amsterdam was 236,152 in 2015. This compares to an average daily volume of 208,872 in 2014.
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.