STMicroelectronics Announces Status of Common Share Repurchase Program
August 07 2017 - 1:30AM
Amsterdam - August 7, 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 August 4, 2017, 18,583,783
Company ordinary shares (equal to 2% of the Company's share
capital) at the weighted average purchase price of EUR 13.8040 per
share for an overall purchase price of EUR 256,529,883.
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 |
July 31 - August 04 |
3,547,724 |
51,399,573 |
14.4880 |
100% |
NL0000226223 |
45,750,942 |
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% |
7/31/2017 |
748,724 |
NL0000226223 |
15,784,783 |
EUR |
Société Générale |
10,204,524 |
7% |
8/1/2017 |
751,440 |
NL0000226223 |
16,536,223 |
EUR |
Société Générale |
10,234,802 |
7% |
8/2/2017 |
755,590 |
NL0000226223 |
17,291,813 |
EUR |
Société Générale |
10,295,482 |
7% |
8/3/2017 |
756,170 |
NL0000226223 |
18,047,983 |
EUR |
Société Générale |
10,264,784 |
7% |
8/4/2017 |
535,800 |
NL0000226223 |
18,583,783 |
EUR |
Société Générale |
10,016,927 |
5% |
Following the share buybacks
detailed above the Company holds in total 40,742,409 treasury
shares, which represents approximately 4,5% of the Company's issued
share capital.
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 Operations
STMicroelectronics
Tel: + 33 6 59 16 79 08
alexis.breton@st.com
ST_share buyback program
update_7aug2017
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: STMicroelectronics via Globenewswire
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