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 April 20, 2020 to April 24, 2020 (the “Period”), of 112,817 ordinary shares (equal to 0.01% of its issued share capital) at the weighted average purchase price per share of EUR 19.8829 and for an overall price of EUR 2,243,129.13.

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 21, 2020 112,817  19.8829  2,243,129.13 XPAR
Total for Period 112,817  19.8829  2,243,129.13  

 

Following the share buybacks detailed above, the Company holds in total 24,277,914 treasury shares, which represents approximately 2.7% of the Company’s issued share capital.

For more information, visit www.st.com

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