STMicroelectronics Announces Status of Common Share Repurchase Program


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 May 16, 2022 to May 20, 2022 (the “Period”), of 275,446 ordinary shares (equal to 0.03% of its issued share capital) at the weighted average purchase price per share of EUR 37.5440 and for an overall price of EUR 10,341,355.59.
Below is a summary of the repurchase transactions made in the course of the Period in relation to the ordinary shares of STM, in detailed form.

Transactions in Period

Dates of transaction Number of share purchased Weighted average purchase price per share (EUR) Total amount paid (EUR) Market on which the shares were bought (MIC code)
16-May-22  55,522 37.4456  2,079,054.60 XPAR
17-May-22  55,026 38.1124  2,097,172.92 XPAR
18-May-22  55,605 37.7898  2,101,301.83 XPAR
19-May-22  54,715 36.9114  2,019,607.25 XPAR
20-May-22  54,578 37.4550  2,044,218.99 XPAR
Total for Period  75,446 37.5440  10,341,355.59

Following the share buybacks detailed above, the Company holds in total 8,319,382 treasury shares, which represents approximately 0.9% 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.


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