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    STMicroelectronics Announces Status of Common Share Repurchase Program

    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 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 March 01, 2021 to March 05, 2021 (the “Period”), of 492,595 ordinary shares (equal to 0.05% of its issued share capital) at the weighted average purchase price per share of EUR 30.3456 and for an overall price of EUR 14,948,086.39.

    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)
    Mar 01, 2021  93,906  31.7089  2,977,655.96 XPAR
    Mar 02, 2021  95,868  31.2514  2,996,009.22 XPAR
    Mar 03, 2021  97,427  30.5518  2,976,570.22 XPAR
    Mar 04, 2021  101,423  29.4477  2,986,674.08 XPAR
    Mar 05, 2021  103,971  28.9617  3,011,176.91 XPAR
    Total for Period  492,595  30.3456  14,948,086.39

    Following the share buybacks detailed above, the Company holds in total 9,008,745 treasury shares, which represents approximately 1.0% 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.

    For more information, visit

    ELE Times Research Desk
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