STMicroelectronics Announces Status of Common Share Repurchase Program

Rhea-AI Summary

STMicroelectronics (STM) has completed a series of share repurchases between April 22-25, 2025, acquiring 146,152 ordinary shares (0.02% of issued share capital) at a weighted average price of EUR 19.1595 per share, totaling EUR 2,800,199.82.

The buyback program, approved by shareholders on May 22, 2024, and the supervisory board, aims to meet obligations from share option programmes and allocations to employees or management. The transactions were executed on Euronext Paris.

The daily purchases were:

• April 22: 57,152 shares at EUR 17.9804
• April 23: 26,000 shares at EUR 19.0051
• April 24: 10,000 shares at EUR 19.8534
• April 25: 53,000 shares at EUR 20.3758

Following these transactions, STM now holds 18,451,209 treasury shares, representing approximately 2.0% of its issued share capital.

Positive

• Share buyback indicates strong cash position and commitment to shareholder value
• Steady daily purchase execution shows disciplined capital allocation
• Program supports employee incentive plans, helping retain talent

Negative

• Small buyback size (0.02% of shares) indicates immediate impact on share price
• Rising average purchase price over the period (from EUR 17.98 to EUR 20.37) suggests potentially inefficient execution

Insights

Financial Analyst

STM's routine share repurchase of 0.02% of shares worth €2.8M supports employee stock programs with minimal financial impact.

STMicroelectronics has completed another round of share repurchases under its ongoing program, buying back 146,152 ordinary shares (representing just 0.02% of its issued share capital) between April 22-25, 2025. The company paid a weighted average price of €19.16 per share for a total expenditure of €2.8 million.

The daily purchase pattern shows increasing share prices throughout the week, with average prices rising from €17.98 on April 22 to €20.38 on April 25. Following these transactions, STM now holds 18.45 million treasury shares, approximately 2.0% of its total issued capital.

This repurchase activity represents standard treasury management rather than a significant capital allocation decision. The stated purpose is specifically to fulfill obligations related to employee share option programs and other equity-based compensation plans. The financial impact is minimal relative to STM's $18.1 billion market capitalization, with the total spent representing just 0.015% of company value at current exchange rates.

These repurchases follow the company's previously announced program from June 2024, which was approved by shareholders in May 2024. The shares will be held in treasury until needed for employee compensation purposes, though the company notes they could potentially be repurposed for other lawful uses if not ultimately required for this primary objective.

STMicroelectronics Announces Status of
Common Share Repurchase Program

Disclosure of Transactions in Own Shares – Period from Apr 22, 2025 to Apr 25, 2025

AMSTERDAM – April 28, 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 22, 2025 to Apr 25, 2025 (the “Period”), of 146,152 ordinary shares (equal to 0.02% of its issued share capital) at the weighted average purchase price per share of EUR 19.1595 and for an overall price of EUR    2,800,199.82.

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)
22-Apr-25	57,152	17.9804	1,027,615.82	XPAR
23-Apr-25	26,000	19.0051	494,132.60	XPAR
24-Apr-25	10,000	19.8534	198,534.00	XPAR
25-Apr-25	53,000	20.3758	1,079,917.40	XPAR
Total for Period	146,152	19.1595	2,800,199.82

Following the share buybacks detailed above, the Company holds in total 18,451,209 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

• C3334C -- Apr 28 2025 -- Disclosure of transactions in Own Shares PR_FINAL FOR PUBLICATION

FAQ

How many shares did STM repurchase between April 22-25, 2025?

STM repurchased 146,152 ordinary shares, representing 0.02% of its issued share capital, at a total cost of EUR 2,800,199.82.

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

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

What is the current treasury share position of STM after the buyback?

After the buyback, STM holds 18,451,209 treasury shares, approximately 2.0% of its issued share capital.

What was the average purchase price per share in STM's April 2025 buyback?

The weighted average purchase price was EUR 19.1595 per share.

When was STM's share repurchase program approved?

The program was approved by shareholders on May 22, 2024, and subsequently by the supervisory board.