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 24, 2021, to May 28, 2021 (the “Period”), of 477,778 ordinary shares (equal to 0.05% of its issued share capital) at the weighted average purchase price per share of EUR 30.1509 and for an overall price of EUR 14,405,437.85.
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)|
|May 24, 2021||99,064||29.8152||2,953,612.97||XPAR|
|May 25, 2021||97,107||30.3090||2,943,216.06||XPAR|
|May 26, 2021||86,393||30.0773||2,598,468.18||XPAR|
|May 27, 2021||98,108||30.1082||2,953,855.29||XPAR|
|May 28, 2021||97,106||30.4439||2,956,285.35||XPAR|
|Total for Period||477,778||30.1509||14,405,437.85|
Following the share buybacks detailed above, the Company holds in total 13,269,846 treasury shares, which represents approximately 1.5% of the Company’s issued share capital.
For more information, visit www.st.com