STMicroelectronics Announces Status of Common Share Repurchase Program
25 Gennaio 2021 - 11:00AM
PR N°C2980C
STMicroelectronics Announces Status
of Common Share Repurchase Program
Disclosure of Transactions in Own Shares
– Period from Jan 18, 2021 to Jan 22, 2021
AMSTERDAM – January 25, 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 January 18, 2021 to January 22, 2021 (the “Period”),
of 357,723 ordinary shares (equal to 0.04% of its issued share
capital) at the weighted average purchase price per share of EUR
33.1553 and for an overall price of EUR 11,860,426.59.
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) |
Jan 18, 2021 |
73,869 |
33.0994 |
2,445,019.58 |
XPAR |
Jan 19, 2021 |
79,307 |
32.9757 |
2,615,203.84 |
XPAR |
Jan 20, 2021 |
82,241 |
33.5440 |
2,758,692.10 |
XPAR |
Jan 21, 2021 |
60,340 |
33.5238 |
2,022,826.09 |
XPAR |
Jan 22, 2021 |
61,966 |
32.5773 |
2,018,684.97 |
XPAR |
Total for Period |
357,723 |
33.1553 |
11,860,426.59 |
|
Following the share buybacks detailed above, the Company holds
in total 6,855,864 treasury shares, which represents approximately
0.8% 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 our
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
- C2980C - ST -- Disclosure of transactions in Own Shares PR --
25 January 2021 - FINAL FOR PUBLICATION