ST States Common Share Repurchase Program Status
The Company holds in total 7,793,220 treasury shares, which represents approximately 0.9% of the Company’s issued share capital.
STMicroelectronics (ST) has shared full details of its common share repurchase program.
The Program was approved by a shareholder resolution dated May 27, 2021, and by the supervisory board.
STMicroelectronics (ST) announces the repurchase on the regulated market of Euronext Paris, in the period between May 02, 2022, to May 06, 2022, of 249,929 ordinary shares (equal to 0.03% of its issued share capital) at the weighted average purchase price per share of EUR 35.2961 and for an overall price of EUR 8,821,510.73.
Following the share buybacks detailed, the Company holds in total 7,793,220 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.