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Share Repurchase Program of STMicroelectronics

STMicroelectronics’ common share repurchase program was approved by a shareholder resolution dated May 27, 2021 and by the supervisory board.

ST Capital Markets DaySTMicroelectronics has announced 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 (ISIN: NL0000226223), in detailed form.

Transactions in Period

Dates of transactionNumber of shares purchasedWeighted 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 1,324,199.36XPAR
30-Aug-22 36,871 35.7372 1,317,666.30XPAR
31-Aug-22 37,012 35.5501 1,315,780.30XPAR
1-Sep-22 38,208 34.4699 1,317,025.94XPAR
2-Sep-22 65,077 34.8493 2,267,887.90XPAR
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.

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Nitisha Dubey

I am a Journalist with a post graduate degree in Journalism & Mass Communication. I love reading non-fiction books, exploring different destinations and varieties of cuisines. Biographies and historical movies are few favourites.

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