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 investors.st.com