STMicroelectronics Enters the CAC40 Paris Stock Index
September 08 2017 - 11:17AM
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
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