HomeIndustrySTMicroelectronics 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 April 6, 2021 to April 9, 2021 (the “Period”), of 317,677 ordinary shares (equal to 0.03% of its issued share capital) at the weighted average purchase price per share of EUR 33.1388 and for an overall price of EUR  10,527,424.97.

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)
Apr 6, 2021  91,736  33.2189  3,047,369.01 XPAR
Apr 7, 2021  77,623  32.9689  2,559,144.92 XPAR
Apr 8, 2021  79,743  33.2814  2,653,958.68 XPAR
Apr 9, 2021  68,575  33.0580  2,266,952.35
Total for Period  317,677  33.1388  10,527,424.97

Following the share buybacks detailed above, the Company holds in total 10,128,211 treasury shares, which represents approximately 1.1% 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.

For more information, visit https://investors.st.com

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