An update on STMicroelectronics' common share repurchase program

STMicroelectronics N.V., a global semiconductor provider serving customers across the spectrum of electronics applications, recently announced the full details of its common share repurchase program.

This program was approved by a shareholder resolution (dated May 31, 2018) and by the supervisory board.

STMicroelectronics announced the repurchase (by a broker acting for the company) on the regulated market of Euronext Paris, in the period between January 25, 2021 to January 29, 2021, of 421,728 ordinary shares (equal to 0.05% of its issued share capital) — at the weighted average purchase price per share of EUR 32.8134 and for an overall price of EUR 13,838,327.49.

Here 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.

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Following the share buybacks detailed above, the company holds in total 7,277,592 treasury shares, which represents approximately 0.8% of its issued share capital.