STMicroelectronics Announces Status of Common Share Repurchase Program | ELE Times

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 January 11, 2021 to January 15, 2021 (the “Period”), of 305,105 ordinary shares (equal to 0.03% of its issued share capital) at the weighted average purchase price per share of EUR 33.5146 and for an overall price of EUR 10,225,465.28.
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)
Jan 11, 2021	61,119	33.4090	2,041,924.67	XPAR
Jan 12, 2021	60,744	33.6751	2,045,560.27	XPAR
Jan 13, 2021	60,609	33.6191	2,037,620.03	XPAR
Jan 14, 2021	60,718	33.7591	2,049,785.03	XPAR
Jan 15, 2021	61,915	33.1192	2,050,575.27	XPAR
Total for Period	305,105	33.5146	10,225,465.28

 

Following the share buybacks detailed above, the Company holds in total 6,498,141 treasury shares, which represents approximately 0.7% of the Company’s issued share capital.

In accordance with Article 5(1)(b) of Regulation (EU) 596/2014 (the Market Abuse Regulation) and Article 2(3) of Commission Delegated Regulation (EU) 2016/1052, a full breakdown of the individual trades in the Program are disclosed on the ST website

Further information can be found at www.st.com

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