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STMicroelectronics Announces Status of Common Share Repurchase Program

STMicroelectronics, announces full details of its common share repurchase program (the “Program”) disclosed via a press release dated July 1, 2021. The Program was approved by a shareholder resolution dated May 27, 2021, and by the supervisory board.

STMicroelectronics N.V. announces the repurchase (by a broker acting for the Company) on the regulated market of Euronext Paris, in the period between July 11, 2022 to July 15, 2022 (the “Period”), of 210,462 ordinary shares (equal to 0.02% of its issued share capital) at the weighted average purchase price per share of EUR 31.2095 and for an overall price of EU 6,568,407.90.

Below is a summary of the repurchase transactions made in the course of the Period in relation to the ordinary shares of STM, in detailed form.
Transactions in Period

Dates of transaction

Number of shares purchased

Weighted average purchase price per share (EUR)

Total amount paid (EUR)

Market on which the shares were bought (MIC code)

11-Jul-22

 42,236

 30.8342

 1,302,313.27

XPAR

12-Jul-22

 42,565

 30.9220

 1,316,194.93

XPAR

13-Jul-22

 42,336

 31.0429

 1,314,232.21

XPAR

14-Jul-22

 42,101

 31.3137

 1,318,338.08

XPAR

15-Jul-22

 41,224

 31.9554

 1,317,329.41

XPAR

Total for Period

 210,462

 31.2095

 6,568,407.90

Following the share buybacks detailed above, the Company holds in total 4,217,560 treasury shares, which represents approximately 0.5% 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 investors.st.com/buyback-program

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