STMicroelectronics Announces Status of Common Share Repurchase Program
STMicroelectronics (STM) has reported the completion of share repurchases from February 3-7, 2025, as part of its buyback program announced on June 21, 2024, and approved by shareholders on May 22, 2024. The company repurchased 639,000 ordinary shares (0.07% of issued share capital) at a weighted average price of EUR 21.3738 per share, totaling EUR 13,657,876.20.
The repurchase program aims to fulfill obligations from share option programs and allocations to employees and management. Following these transactions, STM holds 15,610,950 treasury shares, representing approximately 1.7% of its issued share capital. The shares were purchased on the Euronext Paris regulated market.
STMicroelectronics (STM) ha annunciato il completamento del riacquisto di azioni dal 3 al 7 febbraio 2025, nell'ambito del suo programma di buyback annunciato il 21 giugno 2024 e approvato dagli azionisti il 22 maggio 2024. L'azienda ha riacquistato 639.000 azioni ordinarie (0,07% del capitale sociale emesso) a un prezzo medio ponderato di 21,3738 EUR per azione, per un totale di 13.657.876,20 EUR.
Il programma di riacquisto mira a soddisfare gli obblighi derivanti dai programmi di opzioni su azioni e assegnazioni per dipendenti e dirigenti. A seguito di queste transazioni, STM detiene 15.610.950 azioni proprie, che rappresentano circa l'1,7% del suo capitale sociale emesso. Le azioni sono state acquistate sul mercato regolamentato di Euronext Parigi.
STMicroelectronics (STM) ha informado que ha completado la recompra de acciones desde el 3 hasta el 7 de febrero de 2025, como parte de su programa de recompra anunciado el 21 de junio de 2024 y aprobado por los accionistas el 22 de mayo de 2024. La compañía ha recomprado 639,000 acciones ordinarias (0.07% del capital social emitido) a un precio medio ponderado de 21.3738 EUR por acción, totalizando 13,657,876.20 EUR.
El programa de recompra tiene como objetivo cumplir con las obligaciones de los programas de opciones sobre acciones y asignaciones a empleados y directivos. Tras estas transacciones, STM posee 15,610,950 acciones en tesorería, que representan aproximadamente el 1.7% de su capital social emitido. Las acciones se compraron en el mercado regulado de Euronext París.
STMicroelectronics (STM)는 2025년 2월 3일부터 7일까지의 주식 매입 완료를 발표했습니다. 이는 2024년 6월 21일에 발표된 자사주 매입 프로그램의 일환으로, 2024년 5월 22일에 주주들에 의해 승인되었습니다. 회사는 639,000주의 보통주 (발행 주식 자본의 0.07%)를 주당 21.3738 유로의 가중 평균 가격에 재매입하여 총 13,657,876.20 유로를 지출했습니다.
이 매입 프로그램은 주식 옵션 프로그램의 의무와 직원 및 경영진에 대한 배정 이행을 목표로 하고 있습니다. 이러한 거래 이후, STM은 15,610,950주의 자사주를 보유하고 있으며, 이는 발행된 자본금의 약 1.7%를 차지합니다. 주식은 Euronext 파리 규제 시장에서 구매되었습니다.
STMicroelectronics (STM) a annoncé la finalisation de ses rachats d'actions entre le 3 et le 7 février 2025, dans le cadre de son programme de rachat annoncé le 21 juin 2024 et approuvé par les actionnaires le 22 mai 2024. L'entreprise a racheté 639 000 actions ordinaires (0,07 % du capital social émis) à un prix moyen pondéré de 21,3738 EUR par action, pour un total de 13 657 876,20 EUR.
Le programme de rachat vise à honorer les obligations des programmes d'options d'actions et des attributions aux employés et à la direction. Suite à ces transactions, STM détient 15 610 950 actions propres, représentant environ 1,7 % de son capital social émis. Les actions ont été achetées sur le marché réglementé d'Euronext Paris.
STMicroelectronics (STM) hat den Abschluss von Aktienrückkäufen im Zeitraum vom 3. bis 7. Februar 2025 bekannt gegeben, Teil seines Rückkaufprogramms, das am 21. Juni 2024 angekündigt und am 22. Mai 2024 von den Aktionären genehmigt wurde. Das Unternehmen hat 639.000 Stammaktien (0,07 % des ausgegebenen Aktienkapitals) zu einem gewichteten durchschnittlichen Preis von 21,3738 EUR pro Aktie zurückgekauft, was insgesamt 13.657.876,20 EUR ergibt.
Das Rückkaufprogramm zielt darauf ab, Verpflichtungen aus Aktienoptionsprogrammen und Zuteilungen an Mitarbeiter und Management zu erfüllen. Nach diesen Transaktionen hält STM 15.610.950 eigene Aktien, was ungefähr 1,7 % seines ausgegebenen Aktienkapitals entspricht. Die Aktien wurden im regulierten Markt von Euronext Paris gekauft.
- Share buyback indicates strong cash position and commitment to shareholder value
- Treasury shares can be used for employee compensation without additional share dilution
- Relatively small buyback (0.07%) minimizes impact on company's cash reserves
- EUR 13.66 million cash expenditure reduces available capital for operations or investments
Insights
The latest tranche of STMicroelectronics' share repurchase program reveals a strategic approach to capital allocation and employee retention. The purchase of 639,000 shares at
The weighted average purchase price of
The repurchase program serves dual strategic purposes: First, it ensures sufficient shares for employee stock options and management incentives, critical for talent retention in the competitive semiconductor industry. Second, it provides a mechanism to return excess capital to shareholders through reduced share count, though the primary stated purpose is employee compensation.
The execution through Euronext Paris (XPAR) over five consecutive sessions indicates a structured approach to minimize price impact while maintaining market liquidity. The program's transparency, with detailed trade reporting, aligns with best practices in corporate governance and regulatory compliance.
STMicroelectronics Announces Status of
Common Share Repurchase Program
Disclosure of Transactions in Own Shares – Period from Feb 03, 2025 to Feb 07, 2025
AMSTERDAM – February 10, 2025 -- 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 June 21, 2024. The Program was approved by a shareholder resolution dated May 22, 2024 and by the supervisory board.
STMicroelectronics N.V. (registered with the trade register under number 33194537) (LEI: 213800Z8NOHIKRI42W10) announces the repurchase (by a broker acting for the Company) on the regulated market of Euronext Paris, in the period between Feb 03, 2025 to Feb 07, 2025 (the “Period”), of 639,000 ordinary shares (equal to
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 STMicroelectronics (ISIN: NL0000226223), 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) |
| 3-Feb-25 | 150,000 | 20.9779 | 3,146,685.00 | XPAR |
| 4-Feb-25 | 148,000 | 21.6192 | 3,199,641.60 | XPAR |
| 5-Feb-25 | 152,000 | 21.1415 | 3,213,508.00 | XPAR |
| 6-Feb-25 | 104,000 | 21.5634 | 2,242,593.60 | XPAR |
| 7-Feb-25 | 85,000 | 21.8288 | 1,855,448.00 | XPAR |
| Total for Period | 639,000 | 21.3738 | 13,657,876.20 |
Following the share buybacks detailed above, the Company holds in total 15,610,950 treasury shares, which represents approximately
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 (https://investors.st.com/stock-and-bond-information/share-buyback).
About STMicroelectronics
At ST, we are over 50,000 creators and makers of semiconductor technologies mastering the semiconductor supply chain with state-of-the-art manufacturing facilities. An integrated device manufacturer, we work with more than 200,000 customers and thousands of partners to design and build products, solutions, and ecosystems that address their challenges and opportunities, and the need to support a more sustainable world. Our technologies enable smarter mobility, more efficient power and energy management, and the wide-scale deployment of cloud-connected autonomous things. We are committed to achieving our goal to become carbon neutral on scope 1 and 2 and partially scope 3 by 2027. Further information can be found at www.st.com.
For further information, please contact:
INVESTOR RELATIONS:
Jérôme Ramel
EVP Corporate Development & Integrated External Communication
Tel: +41.22.929.59.20
jerome.ramel@st.com
MEDIA RELATIONS:
Alexis Breton
Corporate External Communications
Tel: +33.6.59.16.79.08
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