ST Provides Common Share Repurchase Program Details
Following the share buybacks, the Company holds in total 8,584,478 treasury shares, which represents approximately 0.9% of the Company’s issued share capital.
STMicroelectronics (ST) has provided the details of 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 details on the regulated market of Euronext Paris, in the period between May 23, 2022, to May 27, 2022, of 265,096 ordinary shares (equal to 0.03% of its issued share capital) at the weighted average purchase price per share of EUR 36.1732 and for an overall price of EUR 9,589,372.71.
Following the share buybacks, the Company holds in total 8,584,478 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.
