STMicroelectronics Enters the CAC40 Paris Stock Index
September 08 2017 - 11:15AM
Geneva, September 8, 2017 -
The Euronext Scientific Board on Indices announced on September 7,
2017 its decision to include STMicroelectronics ("ST") in the CAC
40 index, the primary index of the Paris stock exchange, where the
Company is listed. This decision will take effect after the closing
of the Paris Stock Exchange on September 15, 2017.
Carlo Ferro, Chief Financial Officer and
President, Finance, Legal, Infrastructure and Services of ST,
declared, "ST's fundamentals have markedly improved after a deep
transformation over the recent years, with accelerated growth in
2017 and a sustainable expansion of profit and return on
investment. The inclusion of ST in the CAC40 index reflects the
positive evolution of ST's stock with regard to market
capitalization and trading volumes on the Paris Stock Exchange, as
a consequence of the strength and sustainability of the equity
story."
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
STMicroelectronics
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
8sept2017_ST enters CAC40
index
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
STMicroelectronics NV (NYSE:STM)
Historical Stock Chart
From Aug 2024 to Sep 2024
STMicroelectronics NV (NYSE:STM)
Historical Stock Chart
From Sep 2023 to Sep 2024