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 May 31, 2021, to Jun 04, 2021 (the “Period”), of  338,000 ordinary shares (equal to 0.04% of its issued share capital) at the weighted average purchase price per share of EUR 30.4312 and for an overall price of EUR   10,285,752.38.

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 The weighted average purchase price per share (EUR) Total amount paid (EUR) Market on which the shares were bought (MIC code)
May 31, 2021  80,788  30.7171  2,481,573.07 XPAR
Jun 01, 2021  47,881  30.8139  1,475,400.35 XPAR
Jun 02, 2021  27,885  30.3586  846,549.56 XPAR
Jun 03, 2021  83,213  30.1440  2,508,372.67 XPAR
Jun 04, 2021  98,233  30.2735  2,973,856.73 XPAR
Total for Period  338,000  30.4312  10,285,752.38

Following the share buybacks detailed above, the Company holds in total 12,119,303 treasury shares, which represents approximately 1.5% of the Company’s issued share capital.

For more information, visit www.st.com