STMicroelectronics Announces Status of Common Share Repurchase Program

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 May 24, 2021, to May 28, 2021 (the “Period”), of  477,778 ordinary shares (equal to 0.05% of its issued share capital) at the weighted average purchase price per share of EUR 30.1509 and for an overall price of EUR   14,405,437.85.

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 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)
May 24, 2021  99,064  29.8152  2,953,612.97 XPAR
May 25, 2021  97,107  30.3090  2,943,216.06 XPAR
May 26, 2021  86,393  30.0773  2,598,468.18 XPAR
May 27, 2021  98,108  30.1082  2,953,855.29 XPAR
May 28, 2021  97,106  30.4439  2,956,285.35 XPAR
Total for Period  477,778 30.1509  14,405,437.85

Following the share buybacks detailed above, the Company holds in total 13,269,846 treasury shares, which represents approximately 1.5% of the Company’s issued share capital.

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