STMicroelectronics, a global semiconductor provider serving customers across the spectrum of electronics applications, has announced the full details of its common share repurchase program. It was approved by a shareholder resolution (dated May 27th, 2021) and the supervisory board.
STMicroelectronics N.V. repurchased (by a broker acting for the company) on the regulated market of Euronext Paris, in the period between November 1st, 2021 to November 5th, 2021, of 215,551 ordinary shares (equal to 0.02% of its issued share capital) at the weighted average purchase price per share of EUR 42.3455 and for an overall price of EUR 9,127,607.49.
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.
Following the share buybacks detailed above, STMicroelectronics holds in total 4,038,237 treasury shares, which represents approximately 0.4% of its issued share capital.
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