STMicroelectronics Announces Status of Common Share Repurchase Program
June 21 2021 - 6:00AM
PR N°C3011C
STMicroelectronics Announces Status
of Common Share Repurchase
Program
Disclosure of Transactions in Own Shares
– Period from Jun
14,
2021 to
Jun 18,
2021
AMSTERDAM –
Jun 21,
2021 -- STMicroelectronics N.V. (the
“Company” or “STMicroelectronics”), a global semiconductor leader
serving customers across the spectrum of electronics applications,
announces 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) (LEI: 213800Z8NOHIKRI42W10)
(Ticker: “STM”) announces the repurchase (by a broker acting for
the Company) on the regulated market of Euronext Paris, in the
period between Jun 14, 2021 to Jun 18, 2021 (the “Period”), of
7,826 ordinary shares (equal to 0.001% of its issued share capital)
at the weighted average purchase price per share of EUR 31.5405 and
for an overall price of EUR 246,836.26.
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 transaction |
Number of share
purchased |
Weighted average purchase price per share
(EUR) |
Total amount paid (EUR) |
Market on which the shares were bought (MIC
code) |
Jun 14, 2021 |
1,855 |
31.5939 |
58,606.68 |
XPAR |
Jun 15, 2021 |
1,704 |
31.6496 |
53,930.92 |
XPAR |
Jun 16, 2021 |
1,534 |
31.5030 |
48,325.60 |
XPAR |
Jun 17, 2021 |
1,401 |
31.4397 |
44,047.02 |
XPAR |
Jun 18, 2021 |
1,332 |
31.4760 |
41,926.03 |
XPAR |
Total for Period |
7,826 |
31.5405 |
246,836.26 |
|
Following the share buybacks detailed above, the Company holds
in total 7,975,216 treasury shares, which represents approximately
0.9% 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 (https://investors.st.com/buyback-program).
About STMicroelectronicsAt ST, we are 46,000
creators and makers of semiconductor technologies mastering the
semiconductor supply chain with state-of-the-art manufacturing
facilities. An independent device manufacturer, we work with more
than 100,000 customers and thousands of partners to design and
build products, solutions, and ecosystems that address their
challenges and opportunities, and the need to support a more
sustainable world. Our technologies enable smarter mobility, more
efficient power and energy management, and the wide-scale
deployment of the Internet of Things and 5G technology. Further
information can be found at www.st.com.
For further information, please contact:INVESTOR
RELATIONS:Céline BerthierGroup VP, Investor RelationsTel :
+41.22.929.58.12celine.berthier@st.com
MEDIA RELATIONS:Alexis
Breton Corporate
External CommunicationsTel: +
33.6.59.16.79.08alexis.breton@st.com
- C3011C -- ST -- Disclosure of transactions in Own Shares PR --
21 Jun 2021
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