STMicroelectronics has shared the full details of its common share repurchase program (the “Program”) disclosed via a press release dated November 5, 2018.
The Program was approved by a shareholder resolution dated May 31, 2018, and by the supervisory board.
STMicroelectronics N.V. (registered with the trade register under number 33194537) announces the repurchase (by a broker acting for the Company) on the regulated market of Euronext Paris, in the period between February 08, 2021, to February 12, 2021 (the “Period”), of 284,157 ordinary shares (equal to 0.03% of its issued share capital) at the weighted average purchase price per share of EUR 34.4650 and for an overall price of EUR 9,793,461.50.
The Company holds in total 7,855,195 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.