STMicroelectronics Announces Status of Common Share Repurchase Program
July 25 2022 - 8:00AM
STMicroelectronics Announces Status
ofCommon Share Repurchase Program
Disclosure of Transactions in Own Shares
– Period from
July
18,
2022 to
July
22, 2022
AMSTERDAM –
July
25, 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 Jul 18, 2022 to Jul 22, 2022 (the “Period”), of
194,835 ordinary shares (equal to 0.02% of its issued share
capital) at the weighted average purchase price per share of EUR
33.2224 and for an overall price of EUR 6,472,890.30.
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 shares
purchased |
Weighted average purchase price per share
(EUR) |
Total amount paid (EUR) |
Market on which the shares were bought (MIC
code) |
18-Jul-22 |
40,283 |
32.4028 |
1,305,281.99 |
XPAR |
19-Jul-22 |
40,203 |
32.2841 |
1,297,917.67 |
XPAR |
20-Jul-22 |
38,613 |
33.3452 |
1,287,558.21 |
XPAR |
21-Jul-22 |
37,899 |
34.0425 |
1,290,176.71 |
XPAR |
22-Jul-22 |
37,837 |
34.1453 |
1,291,955.72 |
XPAR |
Total for Period |
194,835 |
33.2224 |
6,472,890.30 |
|
Following the share buybacks detailed above, the Company holds
in total 4,412,395 treasury shares, which represents approximately
0.5% 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
- C3107C -- 25 Jul 2022 -- Disclosure of transactions in Own
Shares PR -- FINAL FOR PUBLICATION
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