Mouser Left Banner
Mouser Left Banner
Mouser Left Banner
Mouser Right Banner
Mouser Right Banner
Mouser Right Banner

    STMicroelectronics Announces Status of Common Share Repurchase Program

    STMicroelectronics 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 18, 2021 to January 22, 2021 (the “Period”), of 357,723 ordinary shares (equal to 0.04% of its issued share capital) at the weighted average purchase price per share of EUR 33.1553 and for an overall price of EUR 11,860,426.59.

    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 18, 2021  73,869  33.0994  2,445,019.58 XPAR
    Jan 19, 2021  79,307  32.9757  2,615,203.84 XPAR
    Jan 20, 2021  82,241  33.5440  2,758,692.10 XPAR
    Jan 21, 2021  60,340  33.5238  2,022,826.09 XPAR
    Jan 22, 2021  61,966  32.5773  2,018,684.97 XPAR
    Total for Period   357,723 33.1553   11,860,426.59

    Following the share buybacks detailed above, the Company holds in total 6,855,864 treasury shares, which represents approximately 0.8% 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.

    For more information, visit

    ELE Times Research Desk
    ELE Times Research Desk
    ELE Times provides a comprehensive global coverage of Electronics, Technology and the Market. In addition to providing in depth articles, ELE Times attracts the industry’s largest, qualified and highly engaged audiences, who appreciate our timely, relevant content and popular formats. ELE Times helps you build awareness, drive traffic, communicate your offerings to right audience, generate leads and sell your products better.

    Technology Articles

    Popular Posts

    Latest News

    Must Read

    ELE Times Top 10