STMicroelectronics Announces Status ofCommon Share Repurchase Program

Disclosure of Transactions in Own Shares – Period from Oct 10, 2022 to Oct 14, 2022

AMSTERDAM – October 17, 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 Oct 10, 2022 to Oct 14, 2022 (the “Period”), of 350,433 ordinary shares (equal to 0.04% of its issued share capital) at the weighted average purchase price per share of EUR 32.2004 and for an overall price of EUR 11,284,078.51.

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)
10-Oct-22 42,426 33.2389 1,410,193.57 XPAR
11-Oct-22 76,507 32.3759 2,476,982.98 XPAR
12-Oct-22 76,981 32.0654 2,468,426.56 XPAR
13-Oct-22 78,986 31.3485 2,476,092.62 XPAR
14-Oct-22 75,533 32.4677 2,452,382.78 XPAR
Total for Period 350,433 32.2004 11,284,078.51  

Following the share buybacks detailed above, the Company holds in total 5,597,842 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

Attachment

  • C3127C -- Oct 17 2022 -- Disclosure of transactions in Own Shares PR_FINAL FOR PUBLICATION
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