STMicroelectronics Announces Status of Common Share Repurchase Program

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 announces the repurchase (by a broker acting for the Company) on the regulated market of Euronext Paris, in the period between July 26, 2021 to July 30, 2021 (the “Period”), of 277,802 ordinary shares (equal to 0.03% of its issued share capital) at the weighted average purchase price per share of EUR 33.7798 and for an overall price of EUR 9,384,083.23.

Below is a summary of the repurchase transactions made in the course of the Period in relation to the ordinary shares of STM, 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)
26-Jul-21  55,062  33.4409  1,841,322.84 XPAR
27-Jul-21  55,154  33.0260  1,821,516.00 XPAR
28-Jul-21  55,700  32.9827  1,837,136.39 XPAR
29-Jul-21  55,206  34.7902  1,920,627.78 XPAR
30-Jul-21  56,680  34.6415  1,963,480.22 XPAR
Total for Period  277,802  33.7798  9,384,083.23

Following the share buybacks detailed above, the Company holds in total 9,021,141 treasury shares, which represents approximately 1.0% of the Company’s issued share capital.

For more information, visit www.st.com 

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