STMicroelectronics NV (“Company” or “STMicroelectronics”), a world leader in semiconductors serving customers across a wide range of electronic applications, announces full information about its share repurchase program (“Program”), released in a press release from July 1, 2021. The program was approved by the shareholder resolution of May 27, 2021 and the supervisory board.
STMicroelectronics NV announces the repurchase (by a broker acting on behalf of the company) in the regulated market of Euronext Paris between 4 April 2022 and 08 April 2022 (“Period”) of 268,803 common shares (equal to 0.03). % of the issued share capital) at the weighted average purchase price per share of 36.6278 euros and at a total price of 9 845 665.03 euros.
The following is a summary of repurchase transactions made during the Period in respect of STM common shares (ISIN: NL0000226223), in detail.
Transactions in the period
| Transaction dates | Number of shares purchased | Weighted average purchase price per share (euro) | Total amount paid (euro) | Market in which the shares were purchased (MIC code) |
| April 4-22 | 55 803 | 38.5613 | 2,151,836.22 | XPAR |
| April 5-22 | 54 466 | 37.7051 | 2,053,645.98 | XPAR |
| April 6-22 | 54 026 | 35.5028 | 1,918,074.27 | XPAR |
| April 7-22 | 52 570 | 35.8682 | 1,885,591.27 | XPAR |
| April 8-22 | 51 938 | 35.3598 | 1,836,517.29 | XPAR |
| Total for the period | 268 803 | 36.6278 | 9,845,665.03 |
Following the repurchase of the shares detailed above, the Company owns a total of 6,908,663 treasury shares, representing approximately 0.8% of the Company’s issued share capital.
In accordance with Article 5 (1) (b) of Regulation (EU) 596/2014 (Market Abuse Regulation) and Article 2 (3) of Commission Delegated Regulation (EU) 2016/1052, the full breakdown of individual transactions in the Program is disclosed on the website ST (https://investors.st.com/buyback-program).
STMicroelectronics announces the status of the common share repurchase program
Source link STMicroelectronics announces the status of the common share repurchase program