STMicroelectronics Announces Status of Common Share Repurchase Program
12 April 2021 - 2:00PM
PR N°C2995C
STMicroelectronics Announces Status
of Common Share Repurchase
Program
Disclosure of Transactions in Own Shares
– Period from Apr 6, 2021 to Apr 9, 2021
AMSTERDAM – April 12, 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 April 6, 2021 to April 9, 2021 (the “Period”), of
317,677 ordinary shares (equal to 0.03% of its issued share
capital) at the weighted average purchase price per share of EUR
33.1388 and for an overall price of EUR 10,527,424.97.
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) |
Apr 6, 2021 |
91,736 |
33.2189 |
3,047,369.01 |
XPAR |
Apr 7, 2021 |
77,623 |
32.9689 |
2,559,144.92 |
XPAR |
Apr 8, 2021 |
79,743 |
33.2814 |
2,653,958.68 |
XPAR |
Apr 9, 2021 |
68,575 |
33.0580 |
2,266,952.35 |
|
Total for Period |
317,677 |
33.1388 |
10,527,424.97 |
|
Following the share buybacks detailed above, the
Company holds in total 10,128,211 treasury shares, which represents
approximately 1.1% 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
- C2995C - ST -- Disclosure of transactions in Own Shares PR --
12 April 2021 - FINAL FOR PUBLICATION