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    STMicroelectronics Announces Status of Common Share Repurchase Program

    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 July 1, 2021. The Program was approved by a shareholder resolution dated May 27, 2021, 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 Feb 21, 2022 to Feb 25, 2022 (the “Period”), of  251,058 ordinary shares (equal to 0.03% of its issued share capital) at the weighted average purchase price per share of EUR 37.2453 and for an overall price of EUR 9,350,719.44.

    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

    21-Feb-22 61,985 37.8135 2,343,869.80 XPAR
    22-Feb-22 60,260 37.4063 2,254,103.64 XPAR
    23-Feb-22 59,502 37.8916 2,254,625.98 XPAR
    24-Feb-22 58,468 35.7052 2,087,611.63 XPAR
    25-Feb-22 10,843 37.8593 410,508.39 XPAR
    Total for Period 251,058 37.2453 9,350,719.44

    Following the share buybacks detailed above, the Company holds in total 6,660,002 treasury shares, which represents approximately 0.7% of the Company’s issued share capital.

    For more details, visit:

    ELE Times Research Desk
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