STMicroelectronics Announces Status of Common Share Repurchase Program
August 01 2017 - 5:31AM
Amsterdam - August 1, 2017 -
STMicroelectronics N.V. (the "Company" or "STMicroelectronics")
announces today the interim status of its common share repurchase
program announced on June 22, 2017 for up to 19 million shares for
an amount up to US$ 297 million.
The Company announces that it has repurchased on
the Mercato Telematico Azionario and other venues, in the period
between June 30, 2017 and July 28, 2017, 15,036,059 Company
ordinary shares (equal to 1.7% of the Company's share capital) at
the weighted average purchase price of EUR 13.6421 per share for an
overall purchase price of EUR 205,123,153.
Below is a summary of the repurchase
transactions made in the course of the above mentioned period in
aggregate and detailed form.
Aggregate Transactions
Dates of transaction |
Number of share purchased |
Total amount paid (EUR) |
Weighted average purchase price per share (EUR) |
Percentage of program completed |
Identification code of shares purchased (ISIN) |
Period average total volume on all venues (in number of
shares) |
Market on which the shares were bought (MIC code) |
June 30 - July 7 |
4,634,884 |
59,174,925 |
12.7673 |
24% |
NL0000226223 |
56,692,768 |
MTA, Turquoise, ChiX, Bats europe |
July 10 - July 14 |
3,515,651 |
48,010,731 |
13.6563 |
43% |
NL0000226223 |
50,521,814 |
MTA, Turquoise, ChiX, Bats europe |
July 17 - July 21 |
3,145,264 |
44,055,703 |
14.0070 |
59% |
NL0000226223 |
49,641,944 |
MTA, Turquoise, ChiX, Bats europe |
July 24 - July 28 |
3,740,260 |
53,881,795 |
14.4059 |
79% |
NL0000226223 |
57,282,852 |
MTA, Turquoise, ChiX, Bats europe |
Detailed Transactions
Date of transaction |
Number of share purchased |
Identification code of shares purchased (ISIN) |
Total amount paid (EUR) |
Currency |
Name of the Investment Service Provider ("ISP") |
Weighted average of last 20 days Volumes on all venues (in
shares) |
% of last 20 days Volumes on all venues |
6/30/2017 |
804,886 |
NL0000226223 |
10,181,566 |
EUR |
Société Générale |
10,386,507 |
8% |
7/3/2017 |
819,276 |
NL0000226223 |
10,422,256 |
EUR |
Société Générale |
10,602,850 |
8% |
7/4/2017 |
835,557 |
NL0000226223 |
10,495,766 |
EUR |
Société Générale |
10,830,377 |
8% |
7/5/2017 |
466,035 |
NL0000226223 |
5,875,909 |
EUR |
Société Générale |
10,899,202 |
4% |
7/6/2017 |
844,970 |
NL0000226223 |
10,904,338 |
EUR |
Société Générale |
10,995,232 |
8% |
7/7/2017 |
864,160 |
NL0000226223 |
11,295,090 |
EUR |
Société Générale |
11,243,610 |
8% |
7/10/2017 |
862,289 |
NL0000226223 |
11,506,299 |
EUR |
Société Générale |
11,286,273 |
8% |
7/11/2017 |
803,505 |
NL0000226223 |
10,908,866 |
EUR |
Société Générale |
10,563,592 |
8% |
7/12/2017 |
225,882 |
NL0000226223 |
3,073,486 |
EUR |
Société Générale |
10,700,058 |
2% |
7/13/2017 |
813,505 |
NL0000226223 |
11,321,061 |
EUR |
Société Générale |
10,777,135 |
8% |
7/14/2017 |
810,470 |
NL0000226223 |
11,201,020 |
EUR |
Société Générale |
10,766,931 |
8% |
7/17/2017 |
765,530 |
NL0000226223 |
10,714,664 |
EUR |
Société Générale |
10,342,665 |
7% |
7/18/2017 |
774,650 |
NL0000226223 |
10,643,614 |
EUR |
Société Générale |
10,505,631 |
7% |
7/19/2017 |
74,430 |
NL0000226223 |
1,033,453 |
EUR |
Société Générale |
10,534,775 |
1% |
7/20/2017 |
777,334 |
NL0000226223 |
11,036,510 |
EUR |
Société Générale |
10,646,561 |
7% |
7/21/2017 |
753,320 |
NL0000226223 |
10,627,462 |
EUR |
Société Générale |
10,304,664 |
7% |
7/24/2017 |
748,960 |
NL0000226223 |
10,634,408 |
EUR |
Société Générale |
10,245,794 |
7% |
7/25/2017 |
747,090 |
NL0000226223 |
10,734,413 |
EUR |
Société Générale |
10,170,885 |
7% |
7/26/2017 |
746,840 |
NL0000226223 |
10,900,354 |
EUR |
Société Générale |
10,206,213 |
7% |
7/27/2017 |
754,850 |
NL0000226223 |
11,006,241 |
EUR |
Société Générale |
10,268,237 |
7% |
7/28/2017 |
742,520 |
NL0000226223 |
10,606,378 |
EUR |
Société Générale |
10,173,556 |
7% |
Following the share buybacks detailed above the Company holds in
total 35,749,555 treasury shares, which represents approximately
3.9% of the Company's issued share capital.
The Company will continue, until completion of its announced
share buyback program, to repurchase up to 19 million shares for an
amount up to US$ 297 million.
About STMicroelectronics
ST is a global semiconductor leader delivering intelligent and
energy-efficient products and solutions that power the electronics
at the heart of everyday life. ST's products are found everywhere
today, and together with our customers, we are enabling smarter
driving and smarter factories, cities and homes, along with the
next generation of mobile and Internet of Things devices.
By getting more from technology to get more from life, ST stands
for life.augmented.
In 2016, the Company's net revenues were $6.97 billion, serving
more than 100,000 customers worldwide. Further information can be
found at www.st.com.
For further information, please contact:
INVESTOR RELATIONS: Tait
Sorensen
Group VP, Investor Relations Tel: +1 602 485 2064
tait.sorensen@st.com
MEDIA RELATIONS:Alexis
Breton
Director, PR & Media OperationsSTMicroelectronics Tel: +
33 6 59 16 79 08 alexis.breton@st.com
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