Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
June 24 2021 - 4:17PM
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 June 24, 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 June 23, 2021 announcing the completion
of STMicroelectronics N.V.'s 2018 share buy-back program.
PR N°C3012C
STMicroelectronics Announces Completion
of its
2018 Share Buy-back Program
AMSTERDAM – June 23, 2021 -- STMicroelectronics
N.V. (the “Company” or “STMicroelectronics”), a global semiconductor leader serving customers across the spectrum
of electronics applications, announces the completion of the share buy-back program of $750 million. The Buy Back was launched on November
5, 2018 (the "Buy-Back ") and its duration was approximately 2.6 years. The Buy-Back was carried out in accordance with the
authorization of the Supervisory Board and the provisions of the Market Abuse Regulation (EU) 596/2014 and Commission Delegated Regulation
(EU) 2016/1052.
The Company carried out the Buy-Back and
held the shares bought back as treasury stock for the purpose of meeting the Company's obligations in relation to its employee stock award
plans.
Through the Buy-Back, the Company repurchased
a total of 31,261,581 shares, on a weighted average purchase price of €20.5362 per share, for a total of €641,994,242, equivalent
to $750 million. There are 911,204,420 issued shares in the Company’s capital and as of June 21, 2021, the Company holds approximately
eight million treasury shares, representing approximately 0.9 percent of its issued share capital.
Purchases of shares were made through the regulated
market of Euronext Paris.
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:
|
June 24, 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 Aug 2024 to Sep 2024
STMicroelectronics NV (NYSE:STM)
Historical Stock Chart
From Sep 2023 to Sep 2024