STMicroelectronics Announces Status of Common Share Repurchase Program
June 07 2022 - 8:00AM
STMicroelectronics Announces Status
ofCommon Share Repurchase Program
Disclosure of Transactions in Own Shares
– Period from May
30,
2022 to
Jun 03,
2022
AMSTERDAM –
Jun 07,
2022 -- 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 July 1, 2021. The
Program was approved by a shareholder resolution dated May 27, 2021
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 May 30, 2022 to Jun 03, 2022 (the “Period”), of
50,466 ordinary shares (equal to 0.01% of its issued share capital)
at the weighted average purchase price per share of EUR 37.8783 and
for an overall price of EUR 1,911,566.29.
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) |
30-May-22 |
50,466 |
37.8783 |
1,911,566.29 |
XPAR |
Total for Period |
50,466 |
37.8783 |
1,911,566.29 |
|
Following the share buybacks detailed above, the
Company holds in total 5,102,092 treasury shares, which represents
approximately 0.6% 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 STMicroelectronicsAt ST, we
are 48,000 creators and makers of semiconductor technologies
mastering the semiconductor supply chain with state-of-the-art
manufacturing facilities. An integrated device manufacturer, we
work with more than 200,000 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 connectivity. ST is
committed to becoming carbon neutral by 2027. Further information
can be found at www.st.com.
For further information, please contact:
INVESTOR RELATIONS:Céline BerthierGroup VP, Investor
RelationsTel: +41.22.929.58.12celine.berthier@st.com
MEDIA RELATIONS:Alexis
Breton Corporate
External CommunicationsTel:
+33.6.59.16.79.08alexis.breton@st.com
- C3096C -- Jun 7 2022 -- Disclosure of transactions in Own
Shares PR_FINAL FOR PUBLICATION
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