STMicroelectronics (ST) has declared the full status details of its common share 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 09, 2022, to May 13, 2022, of 251,603 ordinary shares (equal to 0.03% of its issued share capital) at the weighted average purchase price per share of EUR 34.9327 and for an overall price of EUR 8,789,166.36.
Following the share buybacks details, the Company holds in total 8,043,936 treasury shares, which represents approximately 0.9% of the Company’s issued share capital.
Under 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.