STMicroelectronics Announces Status of Common Share Repurchase Program

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STMicroelectronics N.V. 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. announces the repurchase (by a broker acting for the Company) on the regulated market of Euronext Paris, in the period between Aug 29, 2022, to Sep 02, 2022 (the “Period”), of 214,743 ordinary shares (equal to 0.02% of its issued share capital) at the weighted average purchase price per share of EUR 35.1237 and for an overall price of EUR 7,542,559.80.

Below is a summary of the repurchase transactions made in the course of the Period in relation to the ordinary shares of STM, in a detailed form.

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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)
29-Aug-22  37,575  35.2415  1,324,199.36 XPAR
30-Aug-22  36,871  35.7372  1,317,666.30 XPAR
31-Aug-22  37,012  35.5501  1,315,780.30 XPAR
1-Sep-22  38,208  34.4699  1,317,025.94 XPAR
2-Sep-22  65,077  34.8493  2,267,887.90 XPAR
Total for Period  214,743  35.1237  7,542,559.80

Following the share buybacks detailed above, the Company holds in total 4,336,275 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.


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