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 April 14, 2020 to April 17, 2020 (the “Period”), of 564,682 ordinary shares (equal to 0.06% of its issued share capital) at the weighted average purchase price per share of EUR 21.3889 and for an overall price of EUR 12,077,915.66.
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)|
|Apr 14, 2020||154,591||22.0696||3,411,761.53||XPAR|
|Apr 15, 2020||146,412||21.1131||3,091,211.20||XPAR|
|Apr 16, 2020||133,761||20.8634||2,790,709.25||XPAR|
|Apr 17, 2020||129,918||21.4307||2,784,233.68||XPAR|
|Total for Period||564,682||21.3889||12,077,915.66|
Following the share buybacks detailed above, the Company holds in total 24,165,097 treasury shares, which represents approximately 2.7% 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