By navigating our site, you agree to allow us to use cookies, in accordance with our Privacy Policy.

ST Shares Repurchase Program

STMicroelectronics has shared repurchase (by a broker acting for the Company) on the regulated market of Euronext Paris.

STMicroelectronicscommon share repurchase program (the “Program”) was approved by a shareholder resolution dated May 27, 2021 and by the supervisory board.

STMicroelectronics Repurchase ProgramSTMicroelectronics has shared repurchase (by a broker acting for the Company) on the regulated market of Euronext Paris, in the period between Jul 04, 2022 to Jul 08, 2022 (the “Period”), of  338,379 ordinary shares (equal to 0.04% of its issued share capital) at the weighted average purchase price per share of EUR 29.1601 and for an overall price of EU 9,867,162.18.

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)
04-Jul-22 89,332 28.8949 2,581,239.21XPAR
05-Jul-22 60,201 28.1715 1,695,952.47XPAR
06-Jul-22 76,691 28.9627 2,221,178.43XPAR
07-Jul-22 69,163 29.9411 2,070,816.30XPAR
08-Jul-22 42,992 30.1911 1,297,975.77XPAR
Total for Period 338,379 29.1601 9,867,162.18

Following the share buybacks detailed above, the Company holds in total 4,007,098 treasury shares, which represents approximately 0.4% 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, click here

Tags

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.

Related Articles

Upcoming Events