STMicroelectronics Announces Status of Common Share Repurchase Program
June 29 2020 - 4:45AM
PR N°C2961CSTMicroelectronics Announces
Status of Common Share Repurchase Program
Disclosure of Transactions in Own Shares
– Period from Jun 22, 2020 to Jun 26, 2020
AMSTERDAM – June 29, 2020 --
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 June 22, 2020 to June 26, 2020 (the “Period”), of
122,048 ordinary shares (equal to 0.01% of its issued share
capital) at the weighted average purchase price per share of EUR
23.8530 and for an overall price of EUR 2,911,211.45.
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) |
Jun 22, 2020 |
104,680 |
23.7952 |
2,490,881.54 |
XPAR |
Jun 24, 2020 |
17,368 |
24.2014 |
420,329.92 |
XPAR |
Total for Period |
122,048 |
23.8530 |
2,911,211.45 |
|
Following the share buybacks detailed above, the
Company holds in total 18,607,694 treasury shares, which represents
approximately 2.0% 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 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 our
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 BerthierGroup VP, Investor RelationsTel :
+41.22.929.58.12celine.berthier@st.com
MEDIA RELATIONS:Alexis BretonCorporate External
CommunicationsTel: + 33 6 59 16 79 08alexis.breton@st.com
- C2961C - ST -- Disclosure of transactions in Own Shares PR --
29 June 2020 FINAL FOR PUBLICATION
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