STMicroelectronics Announces Status of Common Share Repurchase Program
STMicroelectronics (STM) has reported the latest status of its common share repurchase program for the period from February 17-21, 2025. The company repurchased 2,500 ordinary shares, representing 0.0003% of its issued share capital, at a weighted average price of EUR 24.6355 per share, totaling EUR 61,588.85.
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. Following these transactions, STMicroelectronics now holds 15,901,011 treasury shares, approximately 1.7% of its issued share capital. The shares may be used for employee programs or other lawful purposes under Market Abuse Regulation article 5(2).
STMicroelectronics (STM) ha riportato l'ultimo stato del suo programma di riacquisto di azioni ordinarie per il periodo dal 17 al 21 febbraio 2025. L'azienda ha riacquistato 2.500 azioni ordinarie, che rappresentano lo 0,0003% del suo capitale sociale emesso, a un prezzo medio ponderato di EUR 24,6355 per azione, per un totale di EUR 61.588,85.
Il programma di riacquisto, approvato dagli azionisti il 22 maggio 2024 e dal consiglio di sorveglianza, mira a soddisfare gli obblighi derivanti dai programmi di opzioni su azioni e dalle assegnazioni ai dipendenti o alla direzione. A seguito di queste transazioni, STMicroelectronics detiene ora 15.901.011 azioni proprie, circa l'1,7% del suo capitale sociale emesso. Le azioni possono essere utilizzate per programmi per i dipendenti o per altri scopi leciti ai sensi dell'articolo 5(2) del Regolamento sul Abuso di Mercato.
STMicroelectronics (STM) ha informado sobre el estado más reciente de su programa de recompra de acciones comunes para el período del 17 al 21 de febrero de 2025. La compañía ha recomprado 2,500 acciones ordinarias, que representan el 0.0003% de su capital social emitido, a un precio medio ponderado de EUR 24.6355 por acción, totalizando EUR 61,588.85.
El programa de recompra, aprobado por los accionistas el 22 de mayo de 2024 y por el consejo de supervisión, tiene como objetivo cumplir con las obligaciones de los programas de opciones sobre acciones y las asignaciones a empleados o directivos. Tras estas transacciones, STMicroelectronics ahora posee 15,901,011 acciones en tesorería, aproximadamente el 1.7% de su capital social emitido. Las acciones pueden ser utilizadas para programas de empleados u otros fines legales bajo el artículo 5(2) del Reglamento sobre Abuso de Mercado.
STMicroelectronics (STM)는 2025년 2월 17일부터 21일까지의 일반 주식 매입 프로그램의 최신 상태를 보고했습니다. 회사는 2,500주를 재매입하였으며, 이는 발행된 자본금의 0.0003%에 해당하며, 주당 가중 평균 가격은 EUR 24.6355로, 총 EUR 61,588.85에 달합니다.
주주들이 2024년 5월 22일에 승인한 매입 프로그램은 주식 옵션 프로그램 및 직원 또는 경영진에 대한 배정 의무를 충족하는 것을 목표로 하고 있습니다. 이러한 거래 이후, STMicroelectronics는 현재 15,901,011주의 자사주를 보유하고 있으며, 이는 발행된 자본금의 약 1.7%입니다. 이 주식은 직원 프로그램이나 시장 남용 규정 제5조(2)에 따라 합법적인 다른 용도로 사용될 수 있습니다.
STMicroelectronics (STM) a rapporté l'état le plus récent de son programme de rachat d'actions ordinaires pour la période du 17 au 21 février 2025. L'entreprise a racheté 2 500 actions ordinaires, représentant 0,0003 % de son capital social émis, à un prix moyen pondéré de EUR 24,6355 par action, totalisant EUR 61 588,85.
Le programme de rachat, approuvé par les actionnaires le 22 mai 2024 et par le conseil de surveillance, vise à répondre aux obligations découlant des programmes d'options sur actions et des attributions aux employés ou à la direction. Suite à ces transactions, STMicroelectronics détient désormais 15 901 011 actions propres, soit environ 1,7 % de son capital social émis. Les actions peuvent être utilisées pour des programmes destinés aux employés ou à d'autres fins légales en vertu de l'article 5(2) du Règlement sur les abus de marché.
STMicroelectronics (STM) hat den aktuellen Stand seines Programms zum Rückkauf von Stammaktien für den Zeitraum vom 17. bis 21. Februar 2025 berichtet. Das Unternehmen hat 2.500 Stammaktien zurückgekauft, was 0,0003% des ausgegebenen Aktienkapitals entspricht, zu einem gewichteten Durchschnittspreis von EUR 24,6355 pro Aktie, insgesamt EUR 61.588,85.
Das Rückkaufprogramm, das von den Aktionären am 22. Mai 2024 und vom Aufsichtsrat genehmigt wurde, zielt darauf ab, Verpflichtungen aus Aktienoptionsprogrammen und Zuweisungen an Mitarbeiter oder das Management zu erfüllen. Nach diesen Transaktionen hält STMicroelectronics nun 15.901.011 eigene Aktien, was ungefähr 1,7% des ausgegebenen Aktienkapitals entspricht. Die Aktien können für Mitarbeiterprogramme oder andere rechtmäßige Zwecke gemäß Artikel 5(2) der Marktmissbrauchsverordnung verwendet werden.
- Strategic share repurchase program demonstrates commitment to employee compensation and retention
- Modest buyback amount (2,500 shares) indicates careful capital management
- Strong treasury position with 15.9M shares (1.7% of issued capital) provides flexibility for future needs
- Small buyback size (0.0003% of issued capital) suggests immediate impact on shareholder value
Insights
The latest share repurchase disclosure from STMicroelectronics reveals several noteworthy aspects about the company's capital management strategy. The relatively modest purchase of 2,500 shares (EUR 61,588.85) suggests a carefully measured approach to capital allocation, particularly notable in the current semiconductor market environment where cash preservation and strategic investments are crucial.
The company's total treasury position of 1.7% of issued share capital is notably conservative compared to many semiconductor peers who often maintain higher treasury share positions for greater flexibility. This conservative approach could indicate STM's prioritization of maintaining liquidity for potential strategic investments or R&D initiatives, which are vital in the highly competitive semiconductor sector.
The specific designation of these shares for employee and management compensation programs is particularly strategic in the current market context. The semiconductor industry faces intense competition for top talent, and equity-based compensation remains a important tool for retention and alignment of interests. The company's decision to maintain a steady stream of small, regular purchases rather than larger bulk acquisitions demonstrates a methodical approach to managing dilution from employee stock programs while minimizing market impact.
The execution under Market Abuse Regulation (MAR) compliance framework provides additional assurance to investors about the integrity of the buyback process. The weighted average purchase price of EUR 24.6355 and the transparent disclosure of transaction details align with best practices in corporate governance, which is increasingly important for institutional investors.
While this particular buyback is relatively small in scale, it represents a continuation of STM's disciplined capital return policy. The flexibility retained in the program's terms - allowing for shares to be used for "any other lawful purpose" - provides the company with strategic optionality, which could be valuable given the semiconductor industry's cyclical nature and potential need for swift strategic responses to market changes.
STMicroelectronics Announces Status of
Common Share Repurchase Program
Disclosure of Transactions in Own Shares – Period from Feb 17, 2025 to Feb 21, 2025
AMSTERDAM – February 24, 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 Feb 17, 2025 to Feb 21, 2025 (the “Period”), of 2,500 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) |
| 17/02/2025 | 500 | 23.3472 | 11,673.60 | XPAR |
| 18/02/2025 | 500 | 23.1404 | 11,570.20 | XPAR |
| 19/02/2025 | 500 | 23.9930 | 11,996.50 | XPAR |
| 20/02/2025 | 500 | 25.7288 | 12,864.40 | XPAR |
| 21/02/2025 | 500 | 26.9683 | 13,484.15 | XPAR |
| Total for Period | 2,500 | 24.6355 | 61,588.85 |
Following the share buybacks detailed above, the Company holds in total 15,901,011 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
Attachment
FAQ
How many shares did STM repurchase between February 17-21, 2025?
What was the average purchase price for STM's share buyback in February 2025?
What is the purpose of STM's share repurchase program?
How many treasury shares does STM hold after the February 2025 buyback?
When was STM's share repurchase program approved?
