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, 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 February 22, 2021 to February 26, 2021 (the “Period”), of 388,291 ordinary shares (equal to 0.04% of its issued share capital) at the weighted average purchase price per share of EUR 32.7865 and for an overall price of EUR 12,730,718.07.

    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)
    Feb 22, 2021  56,645  34.0274  1,927,482.07 XPAR
    Feb 23, 2021  58,538  32.7714  1,918,372.21 XPAR
    Feb 24, 2021  90,262  32.8126  2,961,730.90 XPAR
    Feb 25, 2021  90,260  32.7717  2,957,973.64 XPAR
    Feb 26, 2021  92,586  32.0260  2,965,159.24 XPAR
    Total for Period  388,291  32.7865  12,730,718.07

    Following the share buybacks detailed above, the Company holds in total 8,518,495 treasury shares, which represents approximately 0.9% 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

    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