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. (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 06, 2023 to Feb 10, 2023 (the “Period”), of 139,770 ordinary shares (equal to 0.02% of its issued share capital) at the weighted average purchase price per share of EUR 45.4150 and for an overall price of EUR  6,347,660.54.

The purpose of these transactions under article 5(2) of Regulation (EU) 596/2014 (the Market Abuse Regulation) was to meet obligations arising from share option programmes, or other allocations of shares, to employees or to members of the administrative, management or supervisory bodies of the issuer or of an associate company.

The shares may be held in treasury prior to being used for such purpose and, to the extent that they are not ultimately needed for such purpose, they may be used for any other lawful purpose under article 5(2) of the Market Abuse Regulation.

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 shares purchasedWeighted average purchase price per share (EUR)Total amount paid (EUR)Market on which the shares were bought (MIC code)
2/6/2023 28,211 44.8724 1,265,895.28XPAR
2/7/2023 28,162 45.1811 1,272,390.14XPAR
2/8/2023 27,741 45.7337 1,268,698.57XPAR
2/9/2023 27,573 46.0909 1,270,864.39XPAR
2/10/2023 28,083 45.2164 1,269,812.16XPAR
Total for Period 139,770 45.4150 6,347,660.54

Following the share buybacks detailed above, the Company holds in total 8,385,658 treasury shares, which represents approximately 0.9% of the Company’s issued share capital.

In accordance with Article 5(1)(b) of 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 (

Previous articleLow-PIM DAS Antennas for 5G & LTE/4G bands
Next articleHow carmakers and Tier-1 suppliers can secure connected cars
Electronics Media is an Indian electronics and tech journalism platform dedicated for international electronics and tech industry. EM covers news from semiconductor, aerospace, defense-e, IOT, design, tech startup, emerging technology, innovation and business trends worldwide. Follow us on twitter for latest update in industry.