STMicroelectronics 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 Jun 14, 2021 to Jun 18, 2021 (the “Period”), of  7,826 ordinary shares (equal to 0.001% of its issued share capital) at the weighted average purchase price per share of EUR 31.5405 and for an overall price of EUR   246,836.26.

STMicroelectronics Announces Status of Common Share Repurchase Program
STMicroelectronics Announces Status of Common Share Repurchase Program

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 a 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 14, 2021  1,855  31.5939  58,606.68 XPAR
Jun 15, 2021  1,704  31.6496  53,930.92 XPAR
Jun 16, 2021  1,534  31.5030  48,325.60 XPAR
Jun 17, 2021  1,401  31.4397  44,047.02 XPAR
Jun 18, 2021  1,332  31.4760  41,926.03 XPAR
Total for Period  7,826  31.5405  246,836.26

Following the share buybacks detailed above, the Company holds in total 7,975,216 treasury shares, which represents approximately 0.9% of the Company’s issued share capital.

For more information, visit www.st.com

STMicroelectronics Announces Status of Common Share Repurchase Program
STMicroelectronics Announces Status of Common Share Repurchase Program