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 July 1, 2021. The Program was approved by a shareholder resolution dated May 27, 2021 and by the supervisory board.
STMicroelectronics announces the repurchase on the regulated market of Euronext Paris, in the period between Dec 13, 2021 to Dec 17, 2021 (the “Period”), of 76,361 ordinary shares at the weighted average purchase price per share of EUR 41.3397 and for an overall price of EUR 3,156,744.33.
Below is a summary of the repurchase transactions made in the course of the Period in relation to the ordinary shares of STM, in detailed form.
Transactions in Period
| Dates of transaction | Number of shares purchased | Weighted average purchase price per share (EUR) | Total amount paid (EUR) | Market on which the shares were bought (MIC code) |
| 14-Dec-21 | 30,000 | 41.8680 | 1,256,040.00 | XPAR |
| 16-Dec-21 | 10,000 | 42.1957 | 421,957.00 | XPAR |
| 17-Dec-21 | 36,361 | 40.6685 | 1,478,747.33 | XPAR |
| Total for Period | 76,361 | 41.3397 | 3,156,744.33 |
Following the share buybacks detailed above, the Company holds in total 4,802,690 treasury shares, which represents approximately 0.5% 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 investors.st.com.
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