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ST’s Common Share Repurchase Program

STMicroelectronics’ full details of its common share repurchase program (the “Program”) disclosed on July 1, 2021. The Program was approved by a shareholder resolution dated May 27, 2021 and by the supervisory board.

ReportSTMicroelectronics has announced the repurchase (by a broker acting for the Company) on the regulated market of Euronext Paris, in the period between Aug 22, 2022 to Aug 26, 2022 (the “Period”), of 183,012 ordinary shares (equal to 0.02% of its issued share capital) at the weighted average purchase price per share of EUR 36.0075 and for an overall price of EUR 6,589,796.00.

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)
22-Aug-2236,33536.02871,309,102.81XPAR
23-Aug-2237,16835.66471,325,585.57XPAR
24-Aug-2236,91035.77681,320,521.69XPAR
25-Aug-2236,37236.09581,312,876.44XPAR
26-Aug-2236,22736.48411,321,709.49XPAR
Total for Period 183,012 36.0075 6,589,796.00

Following the share buybacks detailed above, the Company holds in total 4,125,311 treasury shares, which represents approximately 0.5% of the Company’s issued share capital.

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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.

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