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 06, 2020 to April 09, 2020 (the “Period”), of 697,744 ordinary shares (equal to 0.08% of its issued share capital) at the weighted average purchase price per share of EUR 20.5886 and for an overall price of EUR 14,365,565.15.
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 06, 2020 | 187,765 | 19.0429 | 3,575,590.12 | XPAR | |||||
| Apr 07, 2020 | 176,396 | 20.7399 | 3,658,435.40 | XPAR | |||||
| Apr 08, 2020 | 168,911 | 20.7187 | 3,499,616.34 | XPAR | |||||
| Apr 09, 2020 | 164,672 | 22.0555 | 3,631,923.30 | XPAR | |||||
| Total for Period | 697,744 | 20.5886 | 14,365,565.15 |
Following the share buybacks detailed above, the Company holds in total 23,600,415 treasury shares, which represents approximately 2.6% 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) 2016/105
For more information, visit www.st.com
, a global semiconductor leader announces common share repurchase program){kind=link}