HomeNewsSTMicroelectronics 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 July 1, 2021. The Program was approved by a shareholder resolution dated May 27, 2021, and by the supervisory board.

    STMicroelectronics N.V. announces the repurchase (by a broker acting for the Company) on the regulated market of Euronext Paris, in the period between Jul 19, 2021 to Jul 23, 2021 (the “Period”), of 257,310 ordinary shares (equal to 0.03% of its issued share capital) at the weighted average purchase price per share of EUR 31.9992 and for an overall price of EUR 8,233,708.72.

    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)
    19-Jul-21  49,681  31.2392  1,551,994.70 XPAR
    20-Jul-21  50,335  31.1918  1,570,039.25 XPAR
    21-Jul-21  51,330  32.0508  1,645,167.56 XPAR
    22-Jul-21  52,568  32.4356  1,705,074.62 XPAR
    23-Jul-21  53,396  32.9881  1,761,432.59 XPAR
    Total for Period  257,310  31.9992  8,233,708.72

    For more information, visit www.st.com

    Related News

    Must Read

    Evolving Priorities in Design Process of Electronic Devices

    One of the natal and most crucial stages of...

    New Radiation-Tolerant, High-Reliability Communication Interface Solution for Space Applications

    Microchip Technology announced the release of its Radiation-Tolerant (RT) ATA6571RT...

    Nokia and Rohde & Schwarz collaborate on AI-powered 6G receiver to cut costs, accelerate time to market

    Nokia and Rohde & Schwarz have created and successfully...

    Decoding the AI Age for Engineers: What all Engineers need to thrive in this?

    As AI tools increasingly take on real-world tasks, the...

    STMicroelectronics powers 48V mild-hybrid efficiency with flexible automotive 8-channel gate driver

    The L98GD8 driver from STMicroelectronics has eight fully configurable...