STMicroelectronics Announces Status of Common Share Repurchase Program
STMicroelectronics (STM) has reported the completion of share repurchases between January 27-31, 2025, as part of its common share repurchase program. The company bought back 559,000 ordinary shares (0.06% of issued share capital) at a weighted average price of EUR 22.8872 per share, totaling EUR 12,793,926.30.
The repurchases were executed on Euronext Paris to fulfill obligations from share option programs and allocations to employees or management. Following these transactions, STM holds 14,974,412 treasury shares, representing approximately 1.6% of its issued share capital. The program was approved by shareholders on May 22, 2024, and authorized by the supervisory board.
STMicroelectronics (STM) ha comunicato il completamento delle operazioni di riacquisto di azioni avvenute tra il 27 e il 31 gennaio 2025, come parte del suo programma di riacquisto di azioni ordinarie. L'azienda ha riacquistato 559.000 azioni ordinarie (0,06% del capitale sociale emesso) a un prezzo medio ponderato di 22,8872 EUR per azione, per un totale di 12.793.926,30 EUR.
I riacquisti sono stati eseguiti su Euronext Paris per soddisfare le obbligazioni derivanti dai programmi di opzioni sulle azioni e le attribuzioni a dipendenti o dirigenti. A seguito di queste transazioni, STM detiene 14.974.412 azioni proprie, che rappresentano circa l'1,6% del suo capitale sociale emesso. Il programma è stato approvato dagli azionisti il 22 maggio 2024 ed è stato autorizzato dal consiglio di sorveglianza.
STMicroelectronics (STM) ha informado que ha completado la recompra de acciones entre el 27 y el 31 de enero de 2025, como parte de su programa de recompra de acciones ordinarias. La compañía adquirió 559,000 acciones ordinarias (0.06% del capital social emitido) a un precio promedio ponderado de EUR 22.8872 por acción, totalizando EUR 12,793,926.30.
Las recompras se realizaron en Euronext París para cumplir con las obligaciones de los programas de opciones sobre acciones y asignaciones a empleados o directivos. Tras estas transacciones, STM posee 14,974,412 acciones en tesorería, que representan aproximadamente el 1.6% de su capital social emitido. El programa fue aprobado por los accionistas el 22 de mayo de 2024 y autorizado por el consejo de supervisión.
STMicroelectronics (STM)는 2025년 1월 27일부터 31일 사이에 보통주 재구매 프로그램의 일환으로 주식 재구매를 완료했다고 보고했습니다. 회사는 559,000주 (발행주식 자본의 0.06%)를 주당 EUR 22.8872의 가중 평균 가격으로 재구매하여 총 EUR 12,793,926.30를 지출했습니다.
재구매는 직원 및 경영진에 대한 주식 옵션 프로그램 및 할당의 의무를 이행하기 위해 Euronext 파리에서 실행되었습니다. 이러한 거래 이후, STM은 14,974,412주의 자사주를 보유하고 있으며, 이는 발행된 자본금의 약 1.6%에 해당합니다. 이 프로그램은 2024년 5월 22일 주주들에 의해 승인되었고, 감독 위원회에 의해 인가되었습니다.
STMicroelectronics (STM) a annoncé l'achèvement des rachats d'actions entre le 27 et le 31 janvier 2025, dans le cadre de son programme de rachat d'actions ordinaires. La société a racheté 559.000 actions ordinaires (0,06 % du capital social émis) à un prix moyen pondéré de 22,8872 EUR par action, représentant un total de 12.793.926,30 EUR.
Les rachats ont été effectués sur Euronext Paris pour honorer des obligations des programmes d'options sur actions et des attributions aux employés ou à la direction. À la suite de ces transactions, STM détient 14.974.412 actions propres, représentant environ 1,6 % de son capital social émis. Le programme a été approuvé par les actionnaires le 22 mai 2024 et autorisé par le conseil de surveillance.
STMicroelectronics (STM) hat bekannt gegeben, dass die Rückkäufe von Aktien zwischen dem 27. und 31. Januar 2025 abgeschlossen wurden, als Teil ihres Rückkaufprogramms für Stammaktien. Das Unternehmen kaufte 559.000 Stammaktien (0.06% des ausgegebenen Grundkapitals) zu einem gewogenen Durchschnittspreis von 22,8872 EUR pro Aktie, was insgesamt 12.793.926,30 EUR ergibt.
Die Rückkäufe wurden an der Euronext Paris durchgeführt, um Verpflichtungen aus Aktienoptionsprogrammen und Zuteilungen an Mitarbeiter oder Manager zu erfüllen. Nach diesen Transaktionen hält STM 14.974.412 eigene Aktien, was ungefähr 1,6% des ausgegebenen Grundkapitals entspricht. Das Programm wurde am 22. Mai 2024 von den Aktionären genehmigt und vom Aufsichtsrat autorisiert.
- Share buyback demonstrates company's financial strength and commitment to shareholder value
- Program supports employee and management stock incentive plans, helping retain talent
- Company maintains strong treasury position with 1.6% of issued share capital
- Significant cash expenditure of EUR 12.8M reduces available capital for other investments
- Share price showed declining trend during buyback period (EUR 23.94 to EUR 21.61)
Insights
STMicroelectronics' latest share repurchase execution reveals a strategic approach to capital allocation during a pivotal time in the semiconductor industry. The company acquired 559,000 shares at an average price of
The execution pattern is particularly noteworthy, showing increased purchase volumes as share prices declined throughout the week - from EUR 23.94 to EUR 21.61. This demonstrates sophisticated price-sensitive buying behavior, effectively lowering the average cost basis of the repurchase. The total treasury position of 1.6% of issued capital provides adequate headroom for employee compensation programs while maintaining flexibility for future corporate actions.
Several key implications emerge from this buyback execution:
- The company's decision to accelerate purchases during price dips suggests management's confidence in the stock's intrinsic value
- The modest size (
0.06% of share capital) indicates a balanced approach to capital allocation, preserving cash for strategic investments - The primary purpose of meeting employee share obligations reflects a commitment to talent retention in the competitive semiconductor sector
From a financial perspective, this buyback represents efficient capital deployment, with minimal impact on the company's robust balance sheet. The weighted average purchase price and strategic timing of acquisitions demonstrate disciplined execution, potentially enhancing long-term shareholder value through reduced dilution from employee stock programs.
STMicroelectronics Announces Status of
Common Share Repurchase Program
Disclosure of Transactions in Own Shares – Period from Jan 27, 2025 to Jan 31, 2025
AMSTERDAM – February 3, 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 Jan 27, 2025 to Jan 31, 2025 (the “Period”), of 559,000 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) |
| 27-Jan-25 | 76,000 | 23.9411 | 1,819,523.60 | XPAR |
| 28-Jan-25 | 110,000 | 24.0608 | 2,646,688.00 | XPAR |
| 29-Jan-25 | 105,000 | 23.8919 | 2,508,649.50 | XPAR |
| 30-Jan-25 | 128,000 | 21.8254 | 2,793,651.20 | XPAR |
| 31-Jan-25 | 140,000 | 21.6101 | 3,025,414.00 | XPAR |
| Total for Period | 559,000 | 22.8872 | 12,793,926.30 |
Following the share buybacks detailed above, the Company holds in total 14,974,412 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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