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 September 30, 2024, to October 4, 2024. The company repurchased 368,300 ordinary shares, equivalent to 0.04% of its issued share capital, at a weighted average purchase price of €26.1864 per share, for a total of €9,644,462.01.
The purpose of these transactions is to meet obligations arising from share option programs 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. Following these buybacks, STMicroelectronics now holds 10,103,514 treasury shares, representing 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 30 settembre 2024 al 4 ottobre 2024. L'azienda ha riacquistato 368.300 azioni ordinarie, equivalenti allo 0,04% del capitale sociale emesso, a un prezzo medio ponderato di acquisto di €26,1864 per azione, per un totale di €9.644.462,01.
Lo scopo di queste operazioni è quello di soddisfare le obbligazioni derivanti da programmi di opzioni su azioni o altre assegnazioni di azioni a dipendenti o organi societari. Le azioni possono essere detenute in tesoreria prima di essere utilizzate per questo scopo o per qualsiasi altro scopo legittimo. A seguito di questi riacquisti, STMicroelectronics detiene ora 10.103.514 azioni in tesoreria, che rappresentano circa l'1,1% del capitale sociale emesso.
STMicroelectronics N.V. (STM) ha anunciado el estado de su programa de recompra de acciones comunes para el período del 30 de septiembre de 2024 al 4 de octubre de 2024. La compañía recompró 368.300 acciones ordinarias, equivalentes al 0,04% de su capital social emitido, a un precio medio ponderado de compra de €26,1864 por acción, por un total de €9.644.462,01.
El propósito de estas transacciones es cumplir con las obligaciones derivadas de programas de opciones sobre acciones u otras asignaciones de acciones a empleados o cuerpos de la empresa. Las acciones pueden ser mantenidas en tesorería antes de ser utilizadas para este propósito o para cualquier otro propósito legal. Después de estas recompras, STMicroelectronics ahora posee 10.103.514 acciones en tesorería, que representan aproximadamente el 1,1% de su capital social emitido.
STMicroelectronics N.V. (STM)는 2024년 9월 30일부터 2024년 10월 4일까지의 일반 주식 재매입 프로그램 상태를 발표했습니다. 회사는 368,300주의 보통주를 재매입했으며, 이는 발행 주식 자본의 0.04%에 해당합니다. 주당 €26.1864의 가중 평균 매입가로, 총 €9,644,462.01에 해당합니다.
이러한 거래의 목적은 직원이나 회사 기구에 대한 주식 옵션 프로그램 또는 기타 주식 할당에서 발생하는 의무를 이행하기 위함입니다. 주식은 이 목적을 위해 사용되기 전 또는 기타 합법적 목적으로 사용하기 위해 자산으로 보유될 수 있습니다. 이러한 매입 이후, STMicroelectronics는 현재 10,103,514주의 자사주를 보유하고 있으며, 이는 발행 주식 자본의 약 1.1%에 해당합니다.
STMicroelectronics N.V. (STM) a annoncé l'état de son programme de rachat d'actions ordinaires pour la période du 30 septembre 2024 au 4 octobre 2024. La société a racheté 368.300 actions ordinaires, soit 0,04% de son capital social émis, à un prix d'achat moyen pondéré de 26,1864 € par action, pour un total de 9.644.462,01 €.
Le but de ces transactions est de répondre aux obligations découlant des programmes d'options d'actions ou d'autres allocations d'actions aux employés ou aux organes de la société. Les actions peuvent être conservées en trésorerie avant d'être utilisées à cette fin ou à toute autre fin légale. À la suite de ces rachats, STMicroelectronics détient désormais 10.103.514 actions propres, représentant environ 1,1 % du capital social émis.
STMicroelectronics N.V. (STM) hat den Status seines Programms zum Rückkauf von Stammaktien für den Zeitraum vom 30. September 2024 bis zum 4. Oktober 2024 bekannt gegeben. Das Unternehmen hat 368.300 Stammaktien zurückgekauft, was 0,04% des ausgegebenen Aktienkapitals entspricht, zu einem gewichteten durchschnittlichen Kaufpreis von €26,1864 pro Aktie, für insgesamt €9.644.462,01.
Zweck dieser Transaktionen ist es, Verpflichtungen aus Aktienoptionsprogrammen oder anderen Aktienzuweisungen an Mitarbeiter oder Unternehmensorgane zu erfüllen. Die Aktien können im Treuhandbestand gehalten werden, bevor sie für diesen Zweck oder für einen anderen rechtmäßigen Zweck verwendet werden. Nach diesen Rückkäufen hält STMicroelectronics nun 10.103.514 eigene Aktien, was ungefähr 1,1% des ausgegebenen Aktienkapitals entspricht.
- Repurchase of 368,300 shares demonstrates confidence in the company's financial position
- Share buyback program supports employee stock options and incentive plans
- Treasury shares provide flexibility for future corporate actions
- €9,644,462.01 spent on share repurchases reduces cash available for other investments
- Increase in treasury shares to 1.1% of issued share capital may slightly reduce liquidity
STMicroelectronics Announces Status of
Common Share Repurchase Program
Disclosure of Transactions in Own Shares – Period from Sep 30, 2024 to Oct 04, 2024
AMSTERDAM – October 7, 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 Sep 30, 2024 to Oct 04, 2024 (the “Period”), of 368,300 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) |
| 9/30/2024 | 90,000 | 26.8326 | 2,414,934.00 | XPAR |
| 10/1/2024 | 68,900 | 26.3821 | 1,817,726.69 | XPAR |
| 10/2/2024 | 67,400 | 26.0303 | 1,754,442.22 | XPAR |
| 10/3/2024 | 71,000 | 25.7307 | 1,826,879.70 | XPAR |
| 10/4/2024 | 71,000 | 25.7814 | 1,830,479.40 | XPAR |
| Total for Period | 368,300 | 26.1864 | 9,644,462.01 |
Following the share buybacks detailed above, the Company holds in total 10,103,514 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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