STMicroelectronics Announces Status of Common Share Repurchase Program

Disclosure of Transactions in Own Shares – Period from Feb 07, 2022 to Feb 11, 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 Feb 07, 2022 to Feb 11, 2022 (the “Period”), of  308,846 ordinary shares (equal to 0.03% of its issued share capital) at the weighted average purchase price per share of EUR 39.8955 and for an overall price of EUR 12,321,577.42.
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)
7-Feb-22 61,918 38.8546 2,405,799.12XPAR
8-Feb-22 61,302 38.9785 2,389,460.01XPAR
9-Feb-22 61,700 40.6864 2,510,350.88XPAR
10-Feb-22 62,136 40.7451 2,531,737.53XPAR
11-Feb-22 61,790 40.2044 2,484,229.88XPAR
Total for Period 308,846 39.8955 12,321,577.42

Following the share buybacks detailed above, the Company holds in total 6,093,376 treasury shares, which represents approximately 0.7% 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 (https://investors.st.com/investor-relations/share-buyback)