STMicroelectronics Announces Status of Common Share Repurchase Program

STMicroelectronics Announces Status of Common Share Repurchase Program

STMicroelectronics N.V. (the “Company” or “STMicroelectronics”), a global Semiconductor leader serving customers across the spectrum of electronics applications, announces full details of its common share repurchase program (the “Program”) disclosed via a press release dated November 5, 2018. The Program was approved by a shareholder resolution dated May 31, 2018, and by the supervisory board.

STMicroelectronics N.V. (registered with the trade register under number 33194537) (LEI: 213800Z8NOHIKRI42W10) (Ticker: “STM”) announces the repurchase (by a broker acting for the Company) on the regulated market of Euronext Paris, in the period between Jun 21, 2021 to Jun 25, 2021 (the “Period”), of 17,613 ordinary shares (equal to 0.002% of its issued share capital) at the weighted average purchase price per share of EUR 30.3218 and for an overall price of EUR   534,057.33.

STMicroelectronics Announces Status of Common Share Repurchase Program
STMicroelectronics Announces Status of Common Share Repurchase Program

Below is a summary of the repurchase transactions made in the course of the Period in relation to the ordinary shares of STM (ISIN: NL0000226223), in detailed form.

Transactions in Period

Dates of transaction Number of share purchased Weighted average purchase price per share (EUR) Total amount paid (EUR) Market on which the shares were bought (MIC code)
Jun 21, 2021  10,069  30.2705  304,793.66 XPAR
Jun 22, 2021  7,544  30.3902  229,263.67 XPAR
Total for Period  17,613  30.3218  534,057.33

Following the share buybacks detailed above, the Company holds in total 7,992,829 treasury shares, which represents approximately 0.9% of the Company’s issued share capital.
In accordance with Article 5(1)(b) of Regulation (EU) 596/2014 (the Market Abuse Regulation) and Article 2(3) of Commission Delegated Regulation (EU) 2016/1052, a full breakdown of the individual trades in the Program are disclosed on the ST website.

For more information, visit www.st.com

STMicroelectronics Announces Status of Common Share Repurchase Program
STMicroelectronics Announces Status of Common Share Repurchase Program

Author: Chris Na

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