U.S. markets open in 9 hours 17 minutes
  • S&P Futures

    4,430.25
    -2.75 (-0.06%)
     
  • Dow Futures

    34,772.00
    +29.00 (+0.08%)
     
  • Nasdaq Futures

    15,149.00
    -45.75 (-0.30%)
     
  • Russell 2000 Futures

    2,281.00
    +4.00 (+0.18%)
     
  • Crude Oil

    76.10
    +0.65 (+0.86%)
     
  • Gold

    1,749.80
    -2.20 (-0.13%)
     
  • Silver

    22.62
    -0.07 (-0.33%)
     
  • EUR/USD

    1.1697
    -0.0004 (-0.04%)
     
  • 10-Yr Bond

    1.4840
    +0.0240 (+1.64%)
     
  • Vix

    18.76
    +1.01 (+5.69%)
     
  • GBP/USD

    1.3705
    +0.0000 (+0.00%)
     
  • USD/JPY

    111.1900
    +0.2120 (+0.19%)
     
  • BTC-USD

    42,643.91
    -1,461.06 (-3.31%)
     
  • CMC Crypto 200

    1,056.28
    -45.24 (-4.11%)
     
  • FTSE 100

    7,063.40
    +11.92 (+0.17%)
     
  • Nikkei 225

    30,126.72
    -113.34 (-0.37%)
     

STMicroelectronics Announces Status of Common Share Repurchase Program

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·3 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

STMicroelectronics Announces Status of
Common Share Repurchase Program

Disclosure of Transactions in Own Shares – Period from Jun 07, 2021 to Jun 11, 2021

AMSTERDAM – Jun 14, 2021 -- 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 07, 2021 to Jun 11, 2021 (the “Period”), of 359,486 ordinary shares (equal to 0.04% of its issued share capital) at the weighted average purchase price per share of EUR 30.5081 and for an overall price of EUR 10,967,244.90.

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 07, 2021

97,566

30.3552

2,961,635.44

XPAR

Jun 08, 2021

97,395

30.3289

2,953,883.22

XPAR

Jun 09, 2021

91,482

30.4365

2,784,391.89

XPAR

Jun 10, 2021

71,060

31.0318

2,205,119.71

XPAR

Jun 11, 2021

1,983

31.3740

62,214.64

XPAR

Total for Period

359,486

30.5081

10,967,244.90

Following the share buybacks detailed above, the Company holds in total 12,465,956 treasury shares, which represents approximately 1.4% 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
At ST, we are 46,000 creators and makers of semiconductor technologies mastering the semiconductor supply chain with state-of-the-art manufacturing facilities. An independent device manufacturer, we work with more than 100,000 customers and thousands of partners to design and build products, solutions, and ecosystems that address their challenges and opportunities, and the need to support a more sustainable world. Our technologies enable smarter mobility, more efficient power and energy management, and the wide-scale deployment of the Internet of Things and 5G technology. 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
Corporate External Communications
Tel: + 33.6.59.16.79.08
alexis.breton@st.com

Attachment