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$ASML Names a New CEO and a 1 Billion Euro Buyback

ASML Holding NV (ASML)Europe’s largest semiconductor-equipment supplier, named finance director Peter Wennink chief executive officer as it announced a 1 billion-euro buyback and first-quarter profit that beat estimates.

Eric Meurice, 56, whose contract as CEO was set to end next year, will give up that job July 1 and become chairman, the Veldhoven, Netherlands-based company said today….”

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