STMicroelectronics Announces Status of Common Share Repurchase Program

Disclosure of Transactions in Own Shares – Period from Jan 24, 2022 to Jan 28, 2022

Disclosure of Transactions in Own Shares – Period from Jan 24, 2022 to Jan 28, 2022 

Feb 1, 2022: 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 July 1, 2021. The Program was approved by a shareholder resolution dated May 27, 2021 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 Jan 24, 2022 to Jan 28, 2022 (the “Period”), of  227,742 ordinary shares (equal to 0.02% of its issued share capital) at the weighted average purchase price per share of EUR 39.8727 and for an overall price of EUR 9,080,681.92.
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 transactionNumber of share purchasedWeighted average purchase price per share (EUR)Total amount paid (EUR)Market on which the shares were bought (MIC code)
1/24/2022 40,146 39.2985 1,577,677.58XPAR
1/25/2022 42,860 38.9802 1,670,691.37XPAR
1/26/2022 45,261 39.7603 1,799,590.94XPAR
1/27/2022 47,251 41.3223 1,952,520.00XPAR
1/28/2022 52,224 39.8323 2,080,202.04XPAR
Total for Period 227,742 39.8727 9,080,681.92

Following the share buybacks detailed above, the Company holds in total 5,489,104 treasury shares, which represents approximately 0.6% 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) 2016/1052, a full breakdown of the individual trades in the Program are disclosed on the ST website (