ST States Share Repurchase Program Status
Following the share buybacks, the Company holds in total 5,784,530 treasury shares, which represents approximately 0.6% of the Company’s issued share capital.
STMicroelectronics (ST) has disclosed the 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.
ST announces the repurchase on the regulated market of Euronext Paris, in the period between Jan 31, 2022, to Feb 04, 2022, of 297,665 ordinary shares (equal to 0.03% of its issued share capital) at the weighted average purchase price per share of EUR 40.7263 and for an overall price of EUR 12,122,787.02.
Following the share buybacks detailed, the Company holds in total 5,784,530 treasury shares, which represents approximately 0.6% of the Company’s issued share capital.
Following 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.
