STMicroelectronics’ Details of Common Share Repurchase Program
STMicroelectronics has published the full details of its common share repurchase program.
The Program was approved by a shareholder resolution, and by the supervisory board.
STMicroelectronics has announced the repurchase on the regulated market of Euronext Paris, in the period between February 22, 2021, to February 26, 2021 of 388,291 ordinary shares (equal to 0.04% of its issued share capital) at the weighted average purchase price per share of EUR 32.7865 and for an overall price of EUR 12,730,718.07.
The Company holds in total 8,518,495 treasury shares, which represents approximately 0.9% of the Company’s issued share capital.
Under Article 5(1)(b) of Regulation (EU), and Article 2(3) of Commission Delegated Regulation (EU), a full breakdown of the individual trades in the program are disclosed at ST website.
