HomeNewsSTMicroelectronics Announces Status of Common Share Repurchase Program

    STMicroelectronics Announces Status of Common Share Repurchase Program

    STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, announces full details of its common share 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. (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 Feb 21, 2022 to Feb 25, 2022 (the “Period”), of  251,058 ordinary shares (equal to 0.03% of its issued share capital) at the weighted average purchase price per share of EUR 37.2453 and for an overall price of EUR 9,350,719.44.

    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

    21-Feb-22 61,985 37.8135 2,343,869.80 XPAR
    22-Feb-22 60,260 37.4063 2,254,103.64 XPAR
    23-Feb-22 59,502 37.8916 2,254,625.98 XPAR
    24-Feb-22 58,468 35.7052 2,087,611.63 XPAR
    25-Feb-22 10,843 37.8593 410,508.39 XPAR
    Total for Period 251,058 37.2453 9,350,719.44

    Following the share buybacks detailed above, the Company holds in total 6,660,002 treasury shares, which represents approximately 0.7% of the Company’s issued share capital.

    For more details, visit: https://www.st.com/

    ELE Times Research Desk
    ELE Times Research Deskhttps://www.eletimes.ai
    ELE Times provides extensive global coverage of Electronics, Technology and the Market. In addition to providing in-depth articles, ELE Times attracts the industry’s largest, qualified and highly engaged audiences, who appreciate our timely, relevant content and popular formats. ELE Times helps you build experience, drive traffic, communicate your contributions to the right audience, generate leads and market your products favourably.

    Related News

    Must Read

    What is Fashion Tech? Providing New Product Value and Customer Experiences with Technology

    Courtesy: Murata Electronics What is fashion tech? - diverse technologies...

    Emergency Screaming Detection: How AI Recognizes Human Screams and Saves Lives

    Courtesy: Renesas Detecting human screams for help is important in...

    India’s Electronics Push: Ambition Is Clear. Execution Will Decide the Outcome

    India’s electronics story has entered a decisive phase. The...

    India on the Road to Semicon Self-Reliance with Three More Plants

    India to welcome three more semiconductor plants after PM...

    Upcoming years to Bring Boom for Semiconductors and Electronics

    Union Minister for Electronics and Information Technology Ashwini Vaishnaw...

    R&S Propels 6G Readiness With FR1–FR3 Carrier Demonstration

    Rohde & Schwarz and Qualcomm Technologies, Inc. have reached...

    ROHM and Suchi Semicon Establish a Strategic Semicon Manufacturing Partnership in India

    ROHM and Suchi Semicon have announced the establishment of...

    Keysight to Demonstrate NR-NTN devices Mobility Testing at MWC 2026 in Collaboration with Samsung

    Keysight Technologies, Inc. will demonstrate lab-based validation of new...

    ROHM Strengthens Supply Capability for GaN Power Devices

    Combining TSMC’s Process Technology to Build an End-to-End, In-Group...