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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 30, 2020 to April 03, 2020 (the “Period”), of 970,242 ordinary shares (equal to 0.1% of its issued share capital) at the weighted average purchase price per share of EUR 19.0148 and for an overall price of EUR 18,448,970.07.

    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)

    Mar 30, 2020

     198,799

     19.1332

     3,803,661.03

    XPAR

    Mar 31, 2020

     194,749

     19.7454

     3,845,396.90

    XPAR

    Apr 01, 2020

     192,612

     19.2632

     3,710,323.48

    XPAR

    Apr 02, 2020

     191,873

     18.7116

     3,590,250.83

    XPAR

    Apr 03, 2020

     192,209

     18.2059

     3,499,337.83

    XPAR

    Total for Period

     970,242

     19.0148

    18,448,970.07

     

    Following the share buybacks detailed above, the Company holds in total 22,902,671 treasury shares, which represents approximately 2.5% 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.

    For more information, visit www.st.com

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