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 program (the “Program”) disclosed via a press release dated November 5, 2018. The Program was approved by a shareholder resolution dated, 2018 and by the supervisory board.

    STMicroelectronics N.V. announces the repurchase (by a broker acting for the Company) on the regulated market of Euronext Paris, in the period between May 17, 2021, to May 21, 2021 (the “Period”), of  505,232 ordinary shares (equal to 0.06% of its issued share capital) at the weighted average purchase price per share of EUR 29.2107 and for an overall price of EUR   14,758,175.17.

    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 a 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)
    May 17, 2021  101,965  29.0959  2,966,763.44 XPAR
    May 18, 2021  101,054  29.2423  2,955,051.38 XPAR
    May 19, 2021  102,256  28.7543  2,940,299.70 XPAR
    May 20, 2021  100,924  29.2607  2,953,106.89 XPAR
    May 21, 2021  99,033  29.7169  2,942,953.76 XPAR
    Total for Period  505,232  29.2107  14,758,175.17

    Following the share buybacks detailed above, the Company holds in total 12,792,068 treasury shares, which represents approximately 1.4% 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

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