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    STMicroelectronics Announces Status of Common Share Repurchase Program

    STMicroelectronics announces full details of its common share repurchase 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. announces the repurchase (by a broker acting for the Company) on the regulated market of Euronext Paris, in the period between Jun 13, 2022, to Jun 17, 2022 (the “Period”), of 200,938 ordinary shares (equal to 0.02% of its issued share capital) at the weighted average purchase price per share of EUR 32.5769 and for an overall price of EUR                6,545,932.11.

    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)
    13-Jun-22  38,349  33.0083  1,265,835.30 XPAR
    14-Jun-22  39,574  32.4895  1,285,739.47 XPAR
    15-Jun-22  39,871  33.3062  1,327,951.50 XPAR
    16-Jun-22  40,917  32.3384  1,323,190.31 XPAR
    17-Jun-22  42,227  31.8094  1,343,215.53 XPAR
    Total for Period  200,938  32.5769  6,545,932.11  

    Following the share buybacks detailed above, the Company holds in total 5,396,469 treasury shares, which represents approximately 0.6% 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 investors.st.com/buyback-program

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