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STMicroelectronics Announces Status of Common Share Repurchase Program

PR N°C2889C

STMicroelectronics Announces Status of
Common Share Repurchase Program

Disclosure of Transactions in Own Shares - Period from April 01, 2019 to April 05, 2019

AMSTERDAM - April 08, 2019 -- 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 April 01, 2019 to April 05, 2019 (the "Period"), of 322,253 ordinary shares (equal to 0.04% of its issued share capital) at the weighted average purchase price per share of EUR 14.4594 and for an overall price of EUR 4,659,600.37.

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 Total amount paid (EUR) Weighted average purchase price per share (EUR) Market on which the shares were bought (MIC code)
April 01, 2019  81,797  1,112,765.98  13.6040 XPAR
April 02, 2019  75,210  1,052,925.79  13.9998 XPAR
April 03, 2019  39,186  578,033.98  14.7510 XPAR
April 04, 2019  76,563  1,149,913.25  15.0192 XPAR
April 05, 2019  49,497  765,961.37  15.4749 XPAR
Total for Period 322,253 4,659,600.37 14.4594 XPAR

Following the share buybacks detailed above, the Company holds in total 17,157,608 treasury shares, which represents approximately 1.9% 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 (https://investors.st.com/buyback-program).

About STMicroelectronics
ST is a global semiconductor leader delivering intelligent and energy-efficient products and solutions that power the electronics at the heart of everyday life. ST`s products are found everywhere today, and together with our customers, we are enabling smarter driving and smarter factories, cities and homes, along with the next generation of mobile and Internet of Things devices.
By getting more from technology to get more from life, ST stands for life.augmented.

In 2018, the Company`s net revenues were $9.66 billion, serving more than 100,000 customers worldwide. Further information can be found at www.st.com.

For further information, please contact:
INVESTOR RELATIONS:
Céline Berthier
Group VP, Investor Relations
Tel : +41.22.929.58.12
celine.berthier@st.com

MEDIA RELATIONS:
Alexis Breton          
Tel: + 33 6 59 16 79 08
Corporate External Communications
alexis.breton@st.com

ST-Status of Common Share Repurchase Program-e


This announcement is distributed by West Corporation on behalf of West Corporation clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: STMicroelectronics via GlobeNewswire

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