Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
February 01 2021 - 4:34PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
Report on Form 6-K dated February
1, 2021
Commission File Number: 1-13546
STMicroelectronics
N.V.
(Name of Registrant)
WTC Schiphol Airport
Schiphol Boulevard 265
1118 BH Schiphol Airport
The Netherlands
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant
files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F x Form 40-F
o
Indicate by check mark if the registrant
is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Yes o No x
Indicate by check mark if the registrant
is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Yes o No x
Indicate by check mark whether the registrant
by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under
the Securities Exchange Act of 1934:
Yes o No
x
If “Yes” is marked, indicate
below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- __________
Enclosure: A press release dated February
1, 2021, announcing the results of trading in STMicroelectronics’ own shares as part of the previously announced share buy-back
program for the period from January 25, 2021 to January 29, 2021.
PR N°C2983C
STMicroelectronics Announces Status of
Common Share Repurchase Program
Disclosure of Transactions in Own Shares
– Period from Jan 25, 2021 to Jan 29, 2021
AMSTERDAM – February 01, 2021 --
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 January 25, 2021 to January 29,
2021 (the “Period”), of 421,728 ordinary shares (equal to 0.05% of its issued share capital) at the weighted average
purchase price per share of EUR 32.8134 and for an overall price of EUR 13,838,327.49.
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 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)
|
Jan 25, 2021
|
85,903
|
33.1571
|
2,848,294.36
|
XPAR
|
Jan 26, 2021
|
68,364
|
32.8640
|
2,246,714.50
|
XPAR
|
Jan 27, 2021
|
87,461
|
31.8949
|
2,789,559.85
|
XPAR
|
Jan 28, 2021
|
90,630
|
32.8690
|
2,978,917.47
|
XPAR
|
Jan 29, 2021
|
89,370
|
33.2868
|
2,974,841.32
|
XPAR
|
Total for Period
|
421,728
|
32.8134
|
13,838,327.49
|
|
Following the share buybacks detailed
above, the Company holds in total 7,277,592 treasury shares, which represents approximately 0.8% of the Company’s issued
share capital.
In accordance with Article 5(1)(b) of
Regulation (EU) 596/2014 (the Market Abuse Regulation) and Article 2(3) of Commission Delegated Regulation (EU) 2016/1052, a full
breakdown of the individual trades in the Program are disclosed on the ST website (https://investors.st.com/buyback-program).
About STMicroelectronics
At ST, we are 46,000 creators and makers of semiconductor technologies
mastering the semiconductor supply chain with state-of-the-art manufacturing facilities. An independent device manufacturer, we
work with more than 100,000 customers and thousands of partners to design and build products, solutions, and ecosystems that address
their challenges and opportunities, and the need to support a more sustainable world. Our technologies enable smarter mobility,
more efficient power and energy management, and the wide-scale deployment of the Internet of Things and 5G technology. Further
information can be found at www.st.com.
For further information, please contact:
INVESTOR RELATIONS:
Céline Berthier
Group VP, Investor Relations
Tel : +41.22.929.58.12
celine.berthier@st.com
MEDIA RELATIONS:
Alexis Breton
Corporate External Communications
Tel: + 33.6.59.16.79.08
alexis.breton@st.com
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
|
|
|
STMicroelectronics N.V.
|
|
|
|
|
Date:
|
February 1, 2021
|
By:
|
/s/ Lorenzo Grandi
|
|
|
|
|
|
|
Name:
|
Lorenzo Grandi
|
|
|
Title:
|
Chief Financial Officer
President, Finance, Infrastructure and Services
|
STMicroelectronics NV (NYSE:STM)
Historical Stock Chart
From Mar 2024 to Apr 2024
STMicroelectronics NV (NYSE:STM)
Historical Stock Chart
From Apr 2023 to Apr 2024