STMicroelectronics Announces Status of Common Share Repurchase Program

Rhea-AI Summary

STMicroelectronics (STM) has reported the completion of share repurchases from April 14-17, 2025, as part of its buyback program announced on June 21, 2024. The company acquired 312,609 ordinary shares (0.03% of issued share capital) at a weighted average price of EUR 18.0010 per share, totaling EUR 5,627,289.04.

The buyback aims to fulfill obligations from share option programs and allocations to employees or management. Following these transactions, STM now holds 18,254,057 treasury shares, representing approximately 2.0% of its issued share capital. The purchases were executed on the Euronext Paris regulated market.

Positive

• Share buyback demonstrates company's financial strength and commitment to shareholder value
• Program supports employee retention through share-based compensation

Negative

• Cash outflow of EUR 5.63 million reduces available capital for other investments
• Relatively small buyback size (0.03% of shares) limits immediate impact on share value

Insights

Financial Analyst

STM repurchased 0.03% of shares for employee stock programs, adding to 2% treasury position as part of ongoing buyback plan.

STMicroelectronics has continued its existing share repurchase program with the acquisition of 312,609 ordinary shares between April 14-17, 2025. This represents 0.03% of the company's issued share capital, purchased at a weighted average price of €18.00 per share for a total expenditure of €5.63 million.

This repurchase is part of a program previously disclosed in June 2024 and approved by shareholders in May 2024. According to the announcement, the primary purpose is "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." The company notes the shares may be held in treasury before being used for these purposes.

The daily purchase volumes varied throughout the period:

• April 14: 51,000 shares at €18.06 average
• April 15: 47,000 shares at €18.19 average
• April 16: 104,000 shares at €17.92 average
• April 17: 110,609 shares at €17.97 average

Following these transactions, STMicroelectronics now holds 18,254,057 treasury shares, which amounts to approximately 2.0% of the company's issued share capital. The repurchases were executed on the Euronext Paris regulated market (XPAR).

This announcement represents a routine update on the company's ongoing share repurchase activities rather than a new strategic initiative. The scale of the current repurchase (0.03% of shares) indicates a measured approach to the buyback execution while steadily building the company's treasury position.

STMicroelectronics Announces Status of
Common Share Repurchase Program

Disclosure of Transactions in Own Shares – Period from Apr 14, 2025 to Apr 17, 2025

AMSTERDAM – April 22, 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 Apr 14, 2025 to Apr 17, 2025 (the “Period”), of 312,609 ordinary shares (equal to 0.03% of its issued share capital) at the weighted average purchase price per share of EUR 18.0010 and for an overall price of EUR    5,627,289.04.

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)
14-Apr-25	51,000	18.0576	920,937.60	XPAR
15-Apr-25	47,000	18.1902	854,939.40	XPAR
16-Apr-25	104,000	17.9217	1,863,856.80	XPAR
17-Apr-25	110,609	17.9692	1,987,555.24	XPAR
Total for Period	312,609	18.0010	5,627,289.04

Following the share buybacks detailed above, the Company holds in total 18,254,057 treasury shares, which represents approximately 2.0% 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 (https://investors.st.com/stock-and-bond-information/share-buyback).

About STMicroelectronics
At ST, we are 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 on track to be carbon neutral in all direct and indirect emissions (scopes 1 and 2), product transportation, business travel, and employee commuting emissions (our scope 3 focus), and to achieve our 100% renewable electricity sourcing goal by the end of 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

alexis.breton@st.com

Attachment

• C3333C -- Apr 22 2025 -- Disclosure of transactions in Own Shares PR_FINAL FOR PUBLICATION

FAQ

How many shares did STM repurchase between April 14-17, 2025?

STM repurchased 312,609 ordinary shares during this period, representing 0.03% of its issued share capital.

What is the purpose of STM's share repurchase program?

The program aims to meet obligations from share option programmes and allocations to employees or management bodies of the company or associates.

What was the total cost of STM's share buyback during April 14-17, 2025?

The total cost was EUR 5,627,289.04, with a weighted average purchase price of EUR 18.0010 per share.

How many treasury shares does STM hold after this buyback?

Following these transactions, STM holds 18,254,057 treasury shares, approximately 2.0% of its issued share capital.