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 program (the “Program”) disclosed via a press release dated November 5, 2018. The Program was approved by a shareholder resolution dated, 2018 and by the supervisory board.

STMicroelectronics N.V. announces the repurchase (by a broker acting for the Company) on the regulated market of Euronext Paris, in the period between May 17, 2021, to May 21, 2021 (the “Period”), of  505,232 ordinary shares (equal to 0.06% of its issued share capital) at the weighted average purchase price per share of EUR 29.2107 and for an overall price of EUR   14,758,175.17.

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 17, 2021	101,965	29.0959	2,966,763.44	XPAR
May 18, 2021	101,054	29.2423	2,955,051.38	XPAR
May 19, 2021	102,256	28.7543	2,940,299.70	XPAR
May 20, 2021	100,924	29.2607	2,953,106.89	XPAR
May 21, 2021	99,033	29.7169	2,942,953.76	XPAR
Total for Period	505,232	29.2107	14,758,175.17

Following the share buybacks detailed above, the Company holds in total 12,792,068 treasury shares, which represents approximately 1.4% 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 www.investors.st.com

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