STMicroelectronics Announces Status of Common Share Repurchase Program
STMicroelectronics N.V. (STM) has announced the status of its common share repurchase program for the period from October 7 to October 11, 2024. The company repurchased 364,100 ordinary shares, representing 0.04% of its issued share capital, at a weighted average purchase price of €25.4908 per share. The total cost of the buyback was €9,281,194.62.
The purpose of these transactions is to meet obligations arising from share option programmes or other share allocations to employees or company bodies. The shares may be held in treasury before being used for this purpose or for any other lawful purpose under the Market Abuse Regulation. Following these buybacks, STMicroelectronics now holds 10,467,614 treasury shares, approximately 1.1% of its issued share capital.
STMicroelectronics N.V. (STM) ha annunciato lo stato del suo programma di riacquisto di azioni ordinarie per il periodo dal 7 al 11 ottobre 2024. L'azienda ha riacquistato 364.100 azioni ordinarie, che rappresentano lo 0,04% del suo capitale sociale emesso, a un prezzo medio ponderato di acquisto di €25,4908 per azione. Il costo totale del riacquisto è stato di €9.281.194,62.
Lo scopo di queste operazioni è soddisfare gli obblighi derivanti dai programmi di opzioni su azioni o da altre assegnazioni di azioni a dipendenti o organi aziendali. Le azioni possono essere tenute in tesoreria prima di essere utilizzate per tale scopo o per qualsiasi altro scopo lecito ai sensi del Regolamento Abuso di Mercato. A seguito di questi riacquisti, STMicroelectronics detiene ora 10.467.614 azioni proprie, circa l'1,1% del suo capitale sociale emesso.
STMicroelectronics N.V. (STM) ha anunciado el estado de su programa de recompra de acciones ordinarias para el período del 7 al 11 de octubre de 2024. La compañía ha recomprado 364.100 acciones ordinarias, que representan el 0,04% de su capital social emitido, a un precio medio ponderado de compra de €25,4908 por acción. El costo total de la recompra fue de €9.281.194,62.
El propósito de estas transacciones es cumplir con las obligaciones derivadas de los programas de opciones sobre acciones u otras asignaciones de acciones a empleados o órganos corporativos. Las acciones pueden mantenerse en tesorería antes de ser utilizadas para este fin u otros propósitos legales bajo el Reglamento de Abuso de Mercado. Tras estas recompras, STMicroelectronics ahora posee 10.467.614 acciones en tesorería, aproximadamente el 1,1% de su capital social emitido.
STMicroelectronics N.V. (STM)은 2024년 10월 7일부터 10월 11일까지의 보통주 재매입 프로그램 상태를 발표했습니다. 회사는 364,100주의 보통주를 재매입하였으며, 이는 발행된 자본금의 0.04%에 해당하며, 주당 €25.4908의 가중 평균 매입가로 매입되었습니다. 재매입의 총 비용은 €9,281,194.62였습니다.
이 거래의 목적은 주식 옵션 프로그램 또는 직원이나 회사 기관에 대한 기타 주식 할당에서 발생하는 의무를 이행하는 것입니다. 주식은 이러한 목적을 위해 사용되기 전이나 시장 남용 규정에 따라 다른 합법적인 목적을 위해 사용되기 전에 재무부에 보관될 수 있습니다. 이러한 재매입 이후, STMicroelectronics는 현재 10,467,614주의 자사주를 보유하고 있으며, 이는 발행된 자본금의 약 1.1%입니다.
STMicroelectronics N.V. (STM) a annoncé le statut de son programme de rachat d'actions ordinaires pour la période du 7 au 11 octobre 2024. L'entreprise a racheté 364 100 actions ordinaires, représentant 0,04 % de son capital social émis, à un prix d'achat moyen pondéré de €25,4908 par action. Le coût total du rachat s'élevait à €9 281 194,62.
Le but de ces transactions est de répondre aux obligations découlant de programmes d'options sur actions ou d'autres attributions d'actions aux employés ou aux organes de l'entreprise. Les actions peuvent être conservées en trésorerie avant d'être utilisées à cette fin ou pour d'autres fins licites en vertu du règlement sur les abus de marché. À la suite de ces rachats, STMicroelectronics détient désormais 10 467 614 actions propres, soit environ 1,1 % de son capital social émis.
STMicroelectronics N.V. (STM) hat den Status seines Programms zum Rückkauf von Stammaktien für den Zeitraum vom 7. bis 11. Oktober 2024 bekannt gegeben. Das Unternehmen hat 364.100 Stammaktien zurückgekauft, die 0,04% des ausgegebenen Aktienkapitals repräsentieren, zu einem gewichteten Durchschnittspreis von €25,4908 pro Aktie. Die Gesamtkosten des Rückkaufs betrugen €9.281.194,62.
Der Zweck dieser Transaktionen besteht darin, Verpflichtungen aus Aktienoptionsprogrammen oder anderen Aktienzuteilungen an Mitarbeiter oder Unternehmensorgane zu erfüllen. Die Aktien können im eigenen Bestand gehalten werden, bevor sie für diesen Zweck oder für einen anderen rechtmäßigen Zweck nach der Marktmissbrauchsverordnung verwendet werden. Nach diesen Rückkäufen hält STMicroelectronics nun 10.467.614 eigene Aktien, was etwa 1,1% des ausgegebenen Aktienkapitals entspricht.
- Repurchased 364,100 shares, demonstrating confidence in the company's value
- Buyback program supports employee share options and incentives
- Treasury shares increased to 1.1% of issued share capital, providing flexibility for future use
- Expenditure of €9,281,194.62 on share repurchases may impact cash reserves
Insights
STMicroelectronics Announces Status of
Common Share Repurchase Program
Disclosure of Transactions in Own Shares – Period from Oct 07, 2024 to Oct 11, 2024
AMSTERDAM – October 14, 2024 -- 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 Oct 07, 2024 to Oct 11, 2024 (the “Period”), of 364,100 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) |
| 10/7/2024 | 73,500 | 25.5514 | 1,878,027.90 | XPAR |
| 10/8/2024 | 73,000 | 25.4453 | 1,857,506.90 | XPAR |
| 10/9/2024 | 69,200 | 25.4601 | 1,761,838.92 | XPAR |
| 10/10/2024 | 73,400 | 25.601 | 1,879,113.40 | XPAR |
| 10/11/2024 | 75,000 | 25.3961 | 1,904,707.50 | XPAR |
| Total for Period | 364,100 | 25.4908 | 9,281,194.62 |
Following the share buybacks detailed above, the Company holds in total 10,467,614 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:
Céline Berthier
Group VP, Investor Relations
Tel: +41.22.929.58.12
celine.berthier@st.com
MEDIA RELATIONS:
Alexis Breton
Corporate External Communications
Tel: +33.6.59.16.79.08
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FAQ
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